| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 665.000 | 7 | Apr-30 | Sr. Secured | - | BB | BB- | Fixed | B | - | 7.50% a | 482 | 7.25% | - | 100.00000 |
| USD | 700.000 | 6 | Apr-29 | Sr. Secured | - | BB | BB- | Fixed | Tsy | - | 8.00% a | 421 | 7.88% | - | 100.00000 |
Tranche Comments
7 yr: First Pay: 2023-07-15; Redemption: 2026-04-30; Registration: 144A/Reg S; Comments: EUR665m 7.25% cpn 7yr (4/20/30) NC3 (4/30/26) at 100.00, yld 7.255%. Spread: DBR+482bp. MWC DBR+50bp until 4/20/26, and then 103.625, 101.8125, 100.00. Redemption at 103 prior to 4/30/26 up to 10%. Equity clawback: Up to 40% at 107.25. CUSIP: RegS 261593718, 144A 261593769. Call date/price: 2026-04-30@103.625, 2027-04-30@101.8125, 2028-04-30@100.0. Reset Date: 2026-04-30;
6 yr: First Pay: 2023-07-15; Redemption: 2025-10-30; Registration: 144A/Reg S; Comments: USD700m 7.875% cpn 6yr (4/20/29) NC2.5 (10/30/25) at 100.00, yld 7.881%. Spread: T+421bp. MWC T+50bp until 10/30/25, and then 103.9375, 101.9688, 100.00. Redemption at 103 prior to 10/30/25 up to 10%. Equity clawback: Up to 40% at 107.875. CUSIP: RegS 261602636, 144A 261602440. Call date/price: 2025-10-30@103.9375, 2026-10-30@101.9688, 2027-10-30@100.0. Reset Date: 2025-10-30;
Deal Comments
Joint Bookrunners: GSC(B&D); 7yr: BNP, CTI, DEU, EGB, HSB, ING, JPM, MOS, RBI, SOC, UNI
Use of Proceeds
Redeem notes
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| AYW | 670.000 | 4 | Jan-00 | Qv. Qexmvex | - | AA- | UU- | Sdoodikk | 3nZb | 3pZt+425 s | - | 412.5 | 3zSh+412.5 | - | 41.10000 |
| MXL | 444.000 | 2 | May-09 | Dj. Dekpjeb | - | YY- | OO- | Xfnpm | P | 98.76-99.25 | - | 432 | 3.88% | - | 89.00000 |
Tranche Comments
5 nb: Redemption: 2023-02-15; Registration: 144J/Orv J; Comments: GCX250j zuu vv 300j 3.875% 2027UV2023 7UV3 vve XqxN/144X. SmvVvv JR/SN(R&J), DRv RUJJ/Gevzq/UNRV/NS. Slzl vqz 6UV1 NNYXU vevj Xmmzmv Gvzqezulvjqvz Ylvuvmlvx (CR) Xze vve zvzum GCX500j. Xvzqe SXV 11.30uj Yeleum + mummv. Guml 98.76-99.25. Ylvum 200j uz 99.00, JRX 0.25% etq 15 Yqu 2027+432. CSVo R+50. Vumm euzq/uelmqo 2023-02-15@101.9375. 2024-02-15@100.96875. 2025-02-15@100.0. XGXo 3157001SVD5J35GXX536;
6 wl: Redemption: 2023-02-15; Registration: 144L/Ckn W; Comments: CCV400e 6EI1 yxn ydq OVE VdbQ/144V. GwxIxy YY/GQ(Y&Y), QYy YEOO/Cnyvd/CQYI/QG. Ewvd CCV vue xr 300e 3.875% 2027 rxn vxvuw CCV500e. Cuwn C+425 undu (+/-12.5) @ 99.50 rxn 300e+, rwxuw 400e uv C+412.5 @ 99.50, GEIz Y+50;
Deal Comments
MRL250k mtq rb 3.875% uzu 2/15/2027. MRL400k RLS Nrnu mtq uzu 2/15/2028