CDK Financing Co Inc

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD755.0006Jun-29Sr. SecuredB2B+-FixedTsy-8.00-8.25%3778.00%-100.00000
Tranche Comments
6 yr: First Pay: 2023-12-15; Redemption: 2025-06-15; Registration: 144A/Reg S; Comments: US$755m 8.00% cpn 6yr (6/15/29) NC2 (6/15/25) at 100.00, yld 8.003%. Spread: T+377bp. MWC T+50bp prior 6/15/25, and then 104.00, 102.00, 100.00. Equity clawback: Up to 40% at 108.00 prior to 6/15/25. CoC: 101%. Equity Claw Back: up to 40% at 108.000% prior to June 15, 2025;
Deal Comments
1st lien
Use of Proceeds
Repay debt

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