7 yr: First Pay: 2024-11-15; Redemption: 2027-05-15; Registration: 144A/Reg S; Comments: US$600m(upsized from US$500m) 7yr(5/15/2031) cpn 7.125% at 100.00, yld 7.125%. Spread: T+264bps. Equity Clawback: Up to 40% at 107.125%. Call Schedule: 5/15/2027 at 103.563, 5/15/2028 at 101.781, 5/15/2029 and thereafter at 100. CoC: 101%;
Use of Proceeds
Repay outstanding amount and general corporate purposes