| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 1,350.000 | 5.5 | Apr-29 | Sr. Secured | B2 | B+ | BB- | Fixed | Tsy | 9.50% a | 9.50% a | 522 | 9.50% | - | 98.75000 |
Tranche Comments
5.5 yr: First Pay: 2024-04-01; Redemption: 2026-10-01; Registration: 144A/Reg S; Comments: US$1.35bn (Upsized from US$1.050bn) 9.50% cpn 5.5yr (4/01/29) NC3 (10/01/26) at 98.750, yld 9.798%. Spread: T+522bp. MWC T+50bp until 10/01/26, and then 104.75, 102.375, 100.00. Equity clawback: Up to 40% at 109.50 until 10/01/26. Settle date: 9/27/23. 144A CUSIP: 638962AA8. CoC: 101%. Call Schedule: 2026-10-01@104.75. 2027-10-01@102.375. 2028-10-01@100.0. MWC: T+50. Reset Date: 2026-10-01;
Use of Proceeds
Repay debt and for general corporate purposes