| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 600.000 | 7 | Apr-30 | Sr. Unsecured | B2 | BB- | BB- | Fixed | Tsy | 8.625-8.875% | 8.25-8.50% | 460 | 8.00% | - | 100.00000 |
Tranche Comments
7 yr: First Pay: 2023-10-15; Redemption: 2026-04-15; Registration: 144A/Reg S; Comments: US$600m 8.00% cpn 7yr (4/15/30) NC3 (4/15/26) at 100.00, yld 8.00%. Spread: T+460bp. MWC T+50bp until 4/15/26, and then 104.00, 102.00, 100.00. Equity clawback: Up to 40% at 108%. Settle date: 4/18/23. 144A CUSIP: 65505PAA5. CoC: 101%;
Use of Proceeds
Repay outstanding borrowings and general corporate purposes