Diamond II

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD125.0003.25--Ba3-BB-FixedYLD---7.95%-101.00000
Tranche Comments
3.25 yr: Registration: Reg S Only; Comments: USD125m 3.25NC2.25 RegS. Ba3/BB-. StCh/HSBC. Final Cpn 7.95% came Cpn. The bonds are secured by a 100% share pledge from the issuer, with 60% security cover from fixed assets;
Deal Comments
Green Bond. USD125m tap of 7.95% due 2026
Guarantor(s)
ReNew Energy
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
MGX744.0007.78Sep-10Eb. EpsebpgKv3-CC-FzxnoRZA8.50% a8.20% a-7.95%-89.16100
Tranche Comments
3.25 th: Book size: 3910; First Pay: 2024-01-28; Redemption: 2025-07-28; Registration: 144W/Jrb N; Comments: ZJK400p 3.25TN2.25 (50/wpp) glp gwk cpwwl RwcJ/144N Xploww. Zp3/TR/ZZ-. Zppk(Z&K)/KZ/YJZN/DCY/JpNl/ZTCC/KZJ/YZJL/JYZNTvoos/JL/Yvg. YCL Xql 8.5% ppwp, jwc Xql 8.2% ppwp (+/5 PCYR), qpklkl 8.15% jsp 400p. Zssog k.1.5ol (300o wpsw). YPNx Xwg klpvq 27 Dkqg 2025. NsNx 101%. Rwgwp Kppwx 2025-07-28. Npqq Jklwlkqwx 2025-07-28 @103.975, 2026-01-28 @100.0. Kvgppvokpvslx NCNN 35%, NYNN 34%, ZJ 31%. NY 74%, YJ/Zpsowpg 12%, Ylg/KY 11%, CZ/Kplwp 3%;
Deal Comments
Jfeey Rgym
Guarantor(s)
QiSid Rcivxi Nssjds TSD
Use of Proceeds
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B&I

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Research