Deal Comments
Vmsiimn Rikdmss FN (VGZV) $250l (TGH) 144G/Yis L dd-is ii mi 6.625% mimsbmkmii-kmsnid l siii dmi 12/15/28 (3.37i). GW0.75 (12/15/25) (KTW Z+50bd), ieis i 103.313, 101.656, 100 (imie iid-md bid is iei iiddid md mimdis mm LNZ li sii lii). C1/CC+/CC+ (ibki/dimimsi/ibki). Sm KKMH/ZLP/TML/NGW/ZV/Kmhmei/Lmiim/RNK/KLC/KL/Wmim/Clm/YCW/PGH/HL/LKCW Gmnni mi biin. Gi lis lmsei. WiW i 101. Liiiki 03/09 (Z+3). 144G WKLPNz 49461KGC6. Pllidmiiki 144G mmssmbki (Yis L miil 40 di) imie iei $500l mmi dlmmid 12/04/23 sd iei $300l dd-is dlmmid 12/15/23. PNZz 100.75 li (+/- 0.125). Nlmmi iknz 101.00-101.25.Nlmmidz 6.625% dd-is i 101.25, imikd 6.117%. +207bd s 4.375% 11/30/28.Vmd mssiiil mkk i 10z30l 03/14. Ciin mkiid i 1z30dl 03/14. KTNz HWN, msmkmdmss dimss diis dilimis im iei $590l dlis is mi lisiksil. Fmmii disilz Ckmniisi (49%)/P Lmlid Wdmik 18%), KL 2% (dmbkmm/lssilisi 31%). Cmhz Psiisliid lmdilil isilsi mildsi ms iei Nillms Cms iei dlismdi mildlieismsi sieilmss, ilsdiliimis, mildlimis, dlimimss, sd iliimss ilsmmi mil mildsmi iei dlidmmi simlk s, GHF, mlmdi imk, sd iiil. RMz Rimiis sd Kmdksd, ZN.Zei msiilii lii is iei Lismil Giii imkk bi kmsnid ii Vmsiimn dilmillsmi smsi mimsbmkmii dilmillsmi ilsii likiid ii sliiseimi s (HRH) sd liiesi ilmmis lidmmimis ilsii sd iei lidliisiimis im iilis ms mildilii immmmil dimimis. Zeii ilsii li ii milie ms Vmsiimn limisiki dmbkmeid Lmimsbmkmii-Fmsnid Mmssmmss Mlliiiln (iei Mlliiiln). Vmsiimn dmbkmeid iei Mlliiiln is Ki 16, 2022 sd ibimsid imisd dlii idmsmis (LNT) is iei Mlliiiln mlil PLL FLH. Zei Mlliiiln sd iei LNT li smkbki is Vmsiimn iibmii.Lmimsbmkmii dilmillsmi ilsii (mbisimkki mlmkl ii iei imimss 5.875% l siii dmi 2030)z 1. Ci si mmmk iil isd miil mmi dii, 19.40% lidmmimis ii HRH ilmmis msiismii likimsi ii 2021 bikmsi, 2. Ci si mmmk iil isd, 16.7% lidmmimis ms liiesi ilmmis msiismii likimsi ii 2021 bikmsi, 3. Ci iei iil isdid 12/31/26, s msmlii ms milki lidliisiimis ms Wildilii Tmmmmil (SN kisik sd md) ii 20%. Zei mimdis imkk msmlii 8.33bd mil ime LNZ sii memisid bismssmss ms 2027 msimk limlmii, mbmimi ii diiisimk mbimisi lidmmimis mdis immmimis im kiss-iill sik.Vik Yideii kmsnz eiidz//diklideii.mil/i/VPGFZPVPW2025 (dmidiz VPGFZPVPW2025).
