Heritage Petroleum Co Ltd

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD500.0007Aug-291st LienBa3BBBBFixedYLD9.00% a9.00%-9.00%-99.92900
Tranche Comments
7 yr: Registration: 144A/Reg S; Comments: US$500m 9.00% cpn 7yr (8/12/2029) at 99.929, yld 9.00%. MWC T+50bp. CoC: 101.00%;
Deal Comments
Senior Secured
Collateral
First-priority security interest in the assets pledge, the pledged accounts, and all proceeds, supporting obligations, products, subsitutions and replacements thereof
Guarantor(s)
Trinidad Petroleum Holdings Ltd, Paria Fuel Trading Co Ltd
Use of Proceeds
To fund the tender offer, refinancing and general corporate purposes

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