| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 1,100.000 | 3 | Feb-26 | Sr. Unsecured | Baa3 | BB+ | BBB- | Fixed | Tsy | T+245 a | T+215 | 215 | 6.05% | - | 99.85900 |
| USD | 1,250.000 | 5 | Apr-28 | Sr. Unsecured | Baa3 | BB+ | BBB- | Fixed | Tsy | T+270 a | T+240 | 240 | 6.05% | - | 99.93600 |
| USD | 1,100.000 | 7 | Feb-30 | Sr. Unsecured | Baa3 | BB+ | BBB- | Fixed | Tsy | T+300 a | T+270 | 270 | 6.30% | - | 99.91500 |
| USD | 1,250.000 | 10 | Apr-33 | Sr. Unsecured | Baa3 | BB+ | BBB- | Fixed | Tsy | T+320 a | T+290 | 290 | 6.40% | - | 99.64300 |
Tranche Comments
3 yr: First Pay: 2023-08-15; Registration: 144A/Reg S; Comments: US$1.1bn 6.05% cpn 3yr (2/15/16) at 99.859, yld 6.099%. Spread: T+215bp. CoC: 101%. MWC: T+35bps. LEI: QH78R09VCJGQKPBPYU33;
5 yr: First Pay: 2023-04-15; Registration: 144A/Reg S; Comments: US$1.25bn 6.05% cpn 5yr (4/15/28) at 99.936, yld 6.067%. Spread: T+240bp. CoC: 101%. MWC: T+40bps. Par Call: 1m. LEI: QH78R09VCJGQKPBPYU33;
7 yr: First Pay: 2023-08-15; Registration: 144A/Reg S; Comments: US$1.1bn 6.30% cpn 7yr (2/15/30) at 99.915, yld 6.314%. Spread: T+270bp. CoC: 101%. MWC: T+45bps. Par Call: 2m. LEI: QH78R09VCJGQKPBPYU33;
10 yr: First Pay: 2023-04-15; Registration: 144A/Reg S; Comments: US$1.25bn 6.40% cpn 10yr (4/15/33) at 99.643, yld. 6.433%. Spread: T+290bp. CoC: 101%. MWC: T+45bps. Par Call: 3m. LEI: QH78R09VCJGQKPBPYU33;
Deal Comments
Active Bookrunners: JPM(B&D), BAM, USB. Passive Bookrunners: PNC, WFS, CTI, TRU
Use of Proceeds
To fund merger and repay outstanding indebtedness