8 yr: Redemption: 2027-01-15; Registration: 144A/Reg S; Comments: US$500m add-on to the 7% 1/15/32 at 99.50, ytm 7.082%, Spread: T+295bp. Settlement: 12/13/23. Equity Claw: Up to 40% of the Notes at 107% of par with proceeds of an equity issuance. January 15, 2027 (MWC T+50). Call Schedule: 01/15/2027 103.50, 1/15/28 101.75, 1/15/29 and thereafter 100. CoC: 101%;
Deal Comments
US$500m tap of USD500m 7.00% due 1/15/32
Use of Proceeds
Repay outstanding amounts and general corporate purposes