| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 400.000 | 5 | Mar-28 | Senior | - | BB+ | BB+ | Fixed | B | 6.00-6.25% | 5.75-6.00% | 294.7 | 5.75% | - | 100.00000 |
Tranche Comments
5 yr: First Pay: 2023-09-15; Redemption: 2025-03-15; Registration: 144A/Reg S; Comments: EUR400m 5NC2 snr RegS/144A. NR/BB+/BB+. GloCos GS/JPM(B&D). JBs HSBC/ING. IPTs 6%-6.25%, price talk 5.75%-6%, launch 5.75%. DBR 0.5% 02/2028, B+ 294.7. Call Schedule: 2025-03-15 @102.875, 2026-03-15 @101.438, 2027-03-15@100.0. MWC: B+50. Equity Claw Back: 40% at 105.750%. CoC: 101%. LEI: 699400M9RRMTV264FM70;
Use of Proceeds
M&A, refinancing and general corporate purposes