| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 300.000 | 3 | Jun-27 | Senior | B3 | B+ | - | Fixed | Tsy | 8.00% a | 97.50-98.50 | 306 | 7.00% | - | 98.50000 |
Tranche Comments
3 yr: First Pay: 2024-12-15; Redemption: 2024-06-15; Registration: 144A/Reg S; Comments: US$300m 3yr(6/15/2027) cpn 7.00% at 98.50, yld 7.566%. Spread: T+306bps. MWC: T+50bps prior to 6/15/2024, then 103.5, 101.75, 100.00. CoC: 101%. Equity Clawback: Up to 40% at 107%;
Deal Comments
US$300m add-on to 7% due 06/15/27
Use of Proceeds
To prepay in full an existing Indefeasable Right of Use