Rand Parent LLC (Atlas Air)

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD850.0007Feb-30Sr. SecuredBa1BBBB+FixedTsy-8.50-8.75%4798.50%-100.00000
Tranche Comments
7 yr: First Pay: 2023-08-15; Redemption: 2026-02-15; Registration: 144A/Reg S; Comments: US$850m (upsized from US$800m) 8.50% cpn 7yr (2/15/30) NC3 (2/15/26) at 100.00, yld 8.50%. Spread: T+479bp. MWC T+50bp until 2/15/26, and then 104.25, 102.125, 100.00. Equity clawback: Up to 40% at 108.50 prior to 2/15/26. Tax Call: No. PP: No. XD: No. MWC: T+50bp. Equity Claw Back: Up to 40% at 108.500% prior to Feb 15, 2026. CoC: 101%;
Deal Comments
1st Lien
Use of Proceeds
Leveraged Buyout

B&I

BWICS & Inventory

This module is available on the Professional plan. Learn moreUpgrade Plan

TRACE

This module is available on the Professional plan. Learn moreUpgrade Plan

Research