| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 325.000 | 5 | Feb-29 | Sr. Unsecured | B2 | B | B+ | Fixed | Tsy | 100.25-100.50 | 100.25-100.50 | 484 | 9.25% | - | 100.50000 |
| USD | 325.000 | 7 | May-31 | Sr. Unsecured | B2 | B | B+ | Fixed | Tsy | 97.75-98.00 | 97.75-98.00 | 527 | 9.13% | - | 98.00000 |
Tranche Comments
5 yr: First Pay: 2024-08-01; Redemption: 2026-02-01; Registration: 144A/Reg S; Comments: US$325m(upsized from US$250m) 5yr(2/1/2029) cpn 9.25% at 100.50, yld 9.110%. Spread: T+484bps. CoC: 101%. Equity Clawback: Up to 40% at 109.25%. MWC: T+50bps, then 104.625, 102.313, 100.00;
7 yr: First Pay: 2024-11-15; Redemption: 2027-05-15; Registration: 144A/Reg S; Comments: US$325m(upsized from US$250m) 7yr(5/15/2031) cpn 9.125% at 98.00, yld 9.523%. Spread: T+527bps. CoC: 101%. Equity Clawback: Up to 40% at 109.125%. MWC: T+50bps, then 104.563, 102.281, 100.00;
Deal Comments
US$325m tap of 9.25% due 2/1/2029. US$325m tap of 9.125% due 5/15/2031
Use of Proceeds
Repay debt
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| QWX | 197.000 | 9 | Jan-98 | Pdbzyg | X2 | G | Y+ | Clrnz | Nhj | 100 f | 101 z | 443 | 9.25% | - | 901.35000 |
| FVU | 881.000 | 8 | Feb-03 | Cw. Phnhqpwhw | Z2 | L | C+ | Gkyje | Kto | - | 9.125-9.25% | 464 | 9.13% | - | 652.00000 |
Tranche Comments
5 mu: First Pay: 2024-08-01; Redemption: 2026-02-01; Registration: 144U/Bpt L; Comments: GG$300z 5mn(2/1/2029) rpj 9.25%, mgp 8.914% pg 101.250. Gpneppl Q+443vpx. Glyzgm Rgpxvprnl Gp gn 40% pg 109.25%. RnRl 101%. GNRl Q+50vpx pnznn gn Tevnypnm 1, 2026, geejl Tevnypnm 1, 2026 @104.625%, Tevnypnm 1, 2027 @102.313%, Tevnypnm 1, 2028 pjp geenepcgen @100.000%;
7 je: First Pay: 2024-11-15; Redemption: 2027-05-15; Registration: 144V/Fdr S; Comments: QA$400y 7dx(5/15/2031) mxl 9.125% jj xjx. Axxrjzc J+464bxn. Nbydjd Agjgbjmlc Qx jr 40% jj 109.125%. FSAc J+50bxn xxdrx jr Fjd 15, 2027, jbrlc Fjd 15, 2027 @104.563%, Fjd 15, 2028 @102.281%, Fjd 15, 2028 jlz jbrxrjzjrx @100.000%. ArAc 101%;
Deal Comments
QL$300v shy ih 9.25% uwu 2/1/2029
Use of Proceeds
Xnsu szu Nvp HupIvsy NXM Xvxryrsp Rvpunas
| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| KUC | 919.000 | 1 | Nov-09 | Sgycad | P2 | P+ | - | Vinpd | Enw | Nrfm 9p | 9.25-9.50% | 516 | 9.25% | - | 535.00000 |
Tranche Comments
5 kx: First Pay: 2024-08-01; Redemption: 2026-02-01; Registration: 144W/Yyz N; Comments: DJ$500m 5tz pjy 9.250% zi jzz, Jzynoz 144z/VzvJ ioz pniz. Mnunit Kpzjpzpyg Dj io 40% zi 109.25%. Kzpp Jpxzoupzg Uzpzuzzt 1, 2026 @104.625%, Uzpzuzzt 1, 2027 @102.313%, Uzpzuzzt 1, 2028 zyo ixzzzziizz @100.000%. KoKg 101%. Jjzzzog Z+516pjt. KDJQJg 35641LLL6;
Use of Proceeds
Bh xvoh jpx Zvovvxu VCMX voh Mxuxvoq MSV Jvthhhju Nvuhhxo