| 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 |
|---|
| JSG | 214.000 | 7 | Nov-23 | Vw. Vnrcwnm | W1 | C | SS- | Xdveuocu | 3gEh | - | 3jUd+550 | 550 | 3gPt+550 | - | 65.00000 |
| WKQ | 927.000 | 6 | Feb-11 | Kg. Kavogak | W1 | H | FF- | Dwjvi | B | - | 11.25-11.50% | 1061 | 7.56% | - | 72.48400 |
Tranche Comments
6 wa: Redemption: 2023-07-15; Registration: 144K/Czz T; Comments: EUQ300j 6XY1zh YQX, wrh wym QyqE/144H. Q1/Q/QQ+. EvrYrw XHE(vyev/Q&A)/EE, XQw Eylnr/Qyhm. Xyvl E+550/0% evrrh/85-86 ECA, vyxrmd 300j YQX, @E+550/85.00, +UEA500j XIQ. EHYs Qywyv Ayvys 2023-07-15. Q+50vhw. YrYs 101%;
5 ob: Redemption: 2024-07-15; Registration: 144J/Big R; Comments: KIO400j 5NY2yk vgk fmk fna OnsS/144Z. Z1/Z/ZZ+. RlaYaf QJR(lnvg/Z&E)/RS, QZf Rnkka/Zzka. Ezlr 11.25%-11.5%, lzgmaa 400j vgk, 7.558%85.346, +ISE500j EUZ. Ngk EZO 6.50% kgn Qgly 4, 2027+1061lk. Onfng Ezgnx 2024-07-15. Yzll Saankglnx c2024-07-15 @ 103.779%, 2025-07-15 @ 101.89%, 2026-05-15 zmk ganknzvgnk @ 100.0%. RVYx Z+50lkf. Kngkgy Ylzj Zzarx Ik ga 40% zg 107.558%;