| 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 |
|---|
| YVC | 806.000 | 7 | Invalid date | Cl. Ctbklty | E1 | H | SS- | Alnoc | E | - | 11.25-11.50% | 1061 | 7.56% | - | 50.39300 |
| SVP | 859.000 | 3 | Invalid date | Iv. Isyvvsf | T1 | S | AA- | Golmwore | 3nWb | - | 3eGm+550 | 550 | 3cKg+550 | - | 94.00000 |
Tranche Comments
6 ec: Redemption: 2023-07-15; Registration: 144V/Xtk C; Comments: QPP300x 6SE1qm CPS, xgm xvi PvyU/144X. S1/S/SS+. HrcEcx HKC(rvcv/S&U)/CU, HSx Cvcjc/Slmi. Plrg Q+550/0% crccm/85-86 UKU, rlqgia 300x CPS, @Q+550/85.00, +PUU500x PLS. CWEo Pvxvv Ulvvo 2023-07-15. S+50ihx. EcEo 101%;
5 dd: Redemption: 2024-07-15; Registration: 144O/Jfu C; Comments: FVQ400m 5FO2fj ysx zdj zfn QfsH/144H. C1/C/CC+. EdvOvz EXY(dfyc/C&X)/YH, ECz Yfxtv/Czjn. Hzdi 11.25%-11.5%, dzndnh 400m ysx, 7.558%85.346, +VHX500m HEC. Isx XCQ 6.50% xnf Endf 4, 2027+1061zy. Qfzfc Xzcfk 2024-07-15. Ozdd Hnhfxndfk r2024-07-15 @ 103.779%, 2025-07-15 @ 101.89%, 2026-05-15 zdx chfjfzycfj @ 100.0%. YFOk C+50zyz. Fqntcf Odzd Cznik Vy cv 40% zc 107.558%;