5 yr: First Pay: 2023-11-15; Redemption: 2025-05-15; Registration: 144A/Reg S; Comments: US$1bn 11.25% cpn 5yr(5/15/28) at 100, yld 11.245%. Spread: T+755bp. Equity Clawback: Prior to May 15, 2025, the Issuer may on one or more occasions redeem up to 40% of the Notes at 11.25% Call Schedule: 5/15/25 105.625, 5/15/26 102.813, 5/15/27 and thereafter 100.00. Settlement: 4/25/23. LEI: 3HG2WD2W22M120IUNG49. CoC: 101%. MWC: T+50bps;
Deal Comments
Guaranteed Note
Use of Proceeds
Refinancing, general corporate purposes and for capital expenditures