| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 600.000 | 5 | Nov-26 | Sr. Secured | - | BB- | BB- | Fixed | Tsy | 10.25-10.5% | 10-10.25% | 879 | 9.75% | - | 99.02800 |
Tranche Comments
5 yr: First Pay: 2022-05-15; Redemption: 2023-11-15; Registration: 144A/Reg S; Comments: USD600m(upsized from USD$500m) 5NC2yr (50/25/par) fxd snr sec RegS/144A. NR/BB-/BB-. GCs GS(B&D)/JPM, JBs 1ADB/NatWest. IPTs 10.25%/10.5%, talk 10%/10.25%, final terms upped to 600m at 10% yld, 9.75% cpn, T 1.125% DUE 31 Oct 2026 + 879. FTT 8am Monday;
Guarantor(s)
Petrofac International Ltd, Petrofac International (UAE) LLC, Petrofac (Malaysia - PM 304) Ltd and Petrofac Facilities Management Ltd
Use of Proceeds
Refinancing