| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 500.000 | 8 | May-32 | Senior | Ba3 | BB+ | - | Fixed | Tsy | 6.75-7.00% | 6.75% a | 228 | 6.63% | - | 100.00000 |
Tranche Comments
8 yr: First Pay: 2024-11-15; Redemption: 2027-05-15; Registration: 144A/Reg S; Comments: USD500m 8yr (5/15/2032) cpn 6.625% at 100. Spread: T+228bps. MWC: T+50bps. Par Call: 3m. Call Schedule: 5/15/2027 @ 103.313, 5/15/2028 @ 101.656, 5/15/2029 and thereafter at par. CoC: 101%. Equity Clawback: Up to 40% at 106.625%;
Use of Proceeds
Repay outstanding borrowings under the ABL facility and for general corporate purposes