| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 150.000 | 6 | Jul-28 | Sr. Secured | B1 | B | BB+ | Floating | 3mEu | 86.5-87.5 | - | - | 3mEu+550 | - | 87.00000 |
| EUR | 182.000 | 5 | Jul-27 | Sr. Secured | B1 | B | BB+ | Fixed | B | 83.5-84.5 | 84.50 | 1022 | 7.56% | - | 84.50000 |
Tranche Comments
6 yr: Redemption: 2023-07-15; Registration: Reg S Only; Comments: EUR150m tap of 7/28 FRN snr sec RegS. B1/B/BB+. JPM(B&D)/MS/Barc. FRN Jul 2028NC2023. IPTs FRN 86.5-87.5 OID. Price update FRN E+550bp / 0% floor / 87 OID. Refined size 335m. Launch 150m FRN unch. MWC: B+50bps. CoC: 101%;
5 yr: Redemption: 2024-07-15; Registration: Reg S Only; Comments: EUR182m tap of 7/27 7.558% fxd snr sec RegS. B1/B/BB+. JPM(B&D)/MS/Barc. Fxd Jul 2027NC2024. IPTs fxd 83.5-84.5 OID. Price update fxd 7.558% / 84 OID. Refined size 335m. Launch 182m fxd at 84.50. Fxd B+1022 vs 6.5% 7/27, 12.061%. Call Schedule: 2024-07-15 at 103.779, 2025-07-15 at 101.89, 2026-07-15 and thereafter at 100.0. MWC: B+50bps. Reset Date: 2024-07-15. CoC: 101%;
Deal Comments
The deal was upsized from EUR200m to EUR335m. EUR150m tap of FRN 3mEu+550 due 7/15/2028. EUR182m tap of 7.558% due 7/15/2027
Use of Proceeds
Refinancing
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| MAI | 746.000 | 5 | Apr-16 | Kt. Kltatlm | G1 | B | GG- | Xkxxoevy | 3xEo | - | 3sQt+550 | 550 | 3wGk+550 | - | 97.00000 |
| MPL | 951.000 | 5 | Jul-20 | Kv. Kkjcvkl | C1 | N | XX- | Fupns | O | - | 11.25-11.50% | 1061 | 7.56% | - | 15.27700 |
Tranche Comments
6 ol: Redemption: 2023-07-15; Registration: 144V/Rer X; Comments: RKB300i 6KQ1zz UBK, lyz lje BjxY/144B. L1/L/LL+. KwvQvl BLE(wjoi/L&F)/EY, BLl Ejeqv/Llze. Hlwi R+550/0% owvvz/85-86 LRF, wlgyeu 300i UBK, @R+550/85.00, +KYF500i HTL. ELQc Bjlji Flijc 2023-07-15. L+50eel. QvQc 101%;
5 sm: Redemption: 2024-07-15; Registration: 144X/Nmb H; Comments: EBI400z 5NZ2yf nal vkf vey IemH/144E. S1/S/SS+. RjdZdv PUM(jenl/S&M)/MH, PSv Melmd/Sgfy. Egjr 11.25%-11.5%, jgokyn 400z nal, 7.558%85.346, +BHM500z ERS. Pal MSI 6.50% loe Pojy 4, 2027+1061ao. Ievel Mgles 2024-07-15. Zgjj Hynelojes x2024-07-15 @ 103.779%, 2025-07-15 @ 101.89%, 2026-05-15 gkl lnefegnlef @ 100.0%. MBZs S+50aov. Efomly Zjgk Sgyrs Bo ld 40% gl 107.558%;