| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 400.000 | 5 | Oct-29 | Sr. Unsecured | B2 | - | BB- | Fixed | YLD | Low to Mid 9.00%s | - | - | 9.00% | - | 99.01700 |
Tranche Comments
5 yr: Book size: 460; Redemption: 2026-10-15; Registration: 144A/Reg S; Comments: USD400m 5NC2 (50/25/par) bmk snr unsec RegS/144A. B2/NR/BB-. Citi(B&D)/MS. Feedback low 9%s, IPTs low/mid 9%s, launch 400m at 9.25%. Books subj 460m+. FTT 8am. Call date/price: 2026-10-15@104.5, 2027-10-15@102.25, 2028-10-15@100.0. Reset Date: 2026-10-15. MWC: T+50bp, Prior to October 2026. Equity Claw Back: 35%. CoC: 101%;
Use of Proceeds
Prepayment of existing debt and general corporate purposes