| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 415.000 | 7 | Nov-29 | Sr. Secured | B2 | B | - | Fixed | B | 10.75-11.00% | 10.625% a | 858 | 9.00% | - | 92.82600 |
Tranche Comments
7 yr: First Pay: 2023-03-15; Redemption: 2025-12-20; Registration: 144A/Reg S; Comments: EUR415m (upsized from EUR300m) 7NC3 snr sec RegS/144A. B2/B. GloCos JPM (B&D/sole physical)/Barc/SG. IPTs 10.75%-11% yield (9% coupon) for 300m, talk unch for 415m, revised 10.625% area, launch 10.5% Mandated as 425m in Sep, postponed on Oct 5. DBR 2.1% Nov 2029 +858. Reset Date: 2025-12-20
Par Call: 50%, 25%, Cleanup Call: 101%. Call Schedule: 2025-12-20@104.5. 2026-12-20@102.25. 2027-12-20@100.0. MWC: B+50bp. Equity Claw Back: Up to 40% at 109%. CoC: 101%;