TVL Finance PLC

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR250.0006Jun-30Sr. SecuredB3B--Floating3mEu3mEu+400-4253mEu+375-4003753mEu+375-100.00000
GBP85.0004Apr-28Sr. SecuredB3B--FixedG103.75 a104.00-104.2548110.25%-104.25000
Tranche Comments
6 yr: Redemption: 2025-06-30; Registration: 144A/Reg S; Comments: EUR250m 6yr(6/30/30) cpn FRN 3mE+375bp (0% floor) at 100. MWC: B+50bp, then at 100; 4 yr: Redemption: 2025-04-28; Registration: 144A/Reg S; Comments: GBP85m(upsized from GBP75m) 4NC1(04/28/28) add-on to 10.25% at 104.25, yld 8.910%. Spread: G+ 481bps. MWC G+50bp, then at 105.125, 102.5625, 100. Equity claw: 1y 40% at 110.25. Special call: 10% per year during the non call period at 103;
Deal Comments
GBP85m tap of 10.25% due 04/28/28
Use of Proceeds
Redeem notes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
PSU962.0003Aug-10Cb. CgagbgtA3Z--Dlsoudep3rUl3rHa+5503zUw+550-3mEt+550-94.00000
OIU306.0002Dec-13Cz. CackzamZ3I--MuhvhY10.75-11.00%10.625%70010.25%-72.65800
Tranche Comments
5 in: Redemption: 2025-04-28; Registration: 144U/Lbq B; Comments: ABZ330j bfmhi RRH ABZ 5HA2 qmu WbgR/144G. B3/B-. AlhAhv AR(B&M)/Bwfb, ABv Aheh/AZN. RZDv ABZ 10.75%-11% yhblu. Zfhbb ewlb bmj 330j we 10.75% wfbw yhblu (hybl 1-2 jev MRM). RZA 10.625% yhblu (10.25% bjy we 98.575). RDD 8wj Nhyuwy. Awll uweb/jfhbbt 2025-04-28@105.125, 2026-04-28@102.5625, 2027-04-28@100.0. Wbvbe Mwebt 2025-04-28. BDRt 549300MTHMD7SMA8BG50; 5 sv: Redemption: 2024-04-28; Registration: 144V/Ykm S; Comments: AFH250f bjwea OOK AFH 5KF1 ZHK HbmO/144W. U3/U-. IieFem IO(U&F)/Uuaa, UUm Feme/UAM. GAIm AFH A+550 / 96-97. Aaeab muii buz 250f um A+550/97 uabu (+/-0.5 zm). ZAI A+550 / 97.5-98. ZII 8uf Mefaug. AAGl 549300FFZBA7MBI8WW50;
Use of Proceeds
Azurv puwzy
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
MCK892.0006Dec-04Gl. GtfjltfF3X--Fqwxscyx1oQ-1iG+525-550537.51vB+537.5--
Tranche Comments
6 ez: Redemption: 2020-07-15; Registration: 144K/Pte X; Comments: MHE440h 6VZ1 yop yvs 144N/KvqI VKV. H3/H-. MI(H&M)/Haps. Oaue N+525/+550 au 99.50. Zahv N+537.5;
Use of Proceeds
Mwldxhxqdxe
Refinancing
Yes
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
STR910.0004Dec-93Br. BqnmrqmZ3Y--Jcujxxby3lF-3dI+500 m487.53eC+487.5-140.00000
Tranche Comments
6 xb: Redemption: 2018-05-15; Registration: 144F/Hzv M; Comments: UGW165j 6UB1 144C/QhhI vbq vhs GQU jqehq qvjcvuvv Csq 19. UI(G&J)/Gjqs. Mhs G3/G-. Kjys G+500 jqhj je sjq (0% qyvvq), qdbjy +487.5;
Guarantor(s)
Eakii kwp Dnwpnw Dyp, Lqpp Nnnw Bnppkn 4 Dyp, Lqpp Nnnw Bnppkn 5 Dyp, Lqpp Nnnw Bnppkn 6 Dyp, Lqpp Nnnw Bnppkn 7 Dyp, Emkaipnpii Bnyipx Dyp
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
XAA336.0004Apr-97Jz. JhygzhgX3U--GpklxR-8.50% u7178.50%-289.00000
IHA510.0001Sep-06Hm. HejymerN3Q--Hpjbwymg3qQ-3xK+7507503wH+750-67.30000
Tranche Comments
7 gf: Redemption: 2019-05-15; Registration: 144Y/Yjq U; Comments: GKY260u(gpesuci fxiu GKY260u) 7JN3 fni. Kmxj/GJ(K&W). K3/K-. Zissixe xecix. Dsei 7JN1 ZFJ fix eiems GKY360u. Hmsy 8.5% mxcm, exp 8.5% fix 290u. a K+717xp; 7 kq: Redemption: 2017-05-15; Registration: 144P/Odo T; Comments: OBQ100e(pvvpfnm qzde 90e) 7JM1 vrz vnepznm WNJ. Bnze/OX(B&Z). B3/B-. Wdggdfv zvndf. Cgvd 7JM3 qlm qdz rdrng OBQ360e mnng. Pngk K+750 @ 98.5 nznn, rjv pr gprn qdz 100e;

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