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CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
GBP | 265.000 | 4 | Dec-27 | Sr. Secured | B3 | B | B+ | Fixed | G | Mid to High 11s | 11.25-11.50% | 648 | 10.88% | - | 99.20400 |
EUR | 250.000 | 4 | Dec-27 | Sr. Secured | B3 | B | B+ | Floating | 3mEu | 3mEu+550 | 3mEu+550 | - | 3mEu+550 | - | - |
Tranche Comments
4 yr: First Pay: 2023-11-15; Redemption: 2025-08-15; Registration: 144A/Reg S; Comments: GBP265m Dec 2027 GBP NC2 fixed. B3/B/B+. HSBC(B&D/log)/JPM. IPTs fixed mid/high 11s. Price talk 11.25%-11.5%. Launch 265m at 11.125% (10.875% cpn at 99.204). UKT 4.25% Dec 2027 +648. FTT 8am Thurs. CoC: 101%. Call date/price: 2026-08-15@102.719 2027-08-15@100.0;
4 yr: First Pay: 2023-11-15; Redemption: 2024-08-15; Registration: 144A/Reg S; Comments: EUR250m NC1 FRN. B3/B/B+. HSBC(B&D/log)/JPM. IPTs FRN E+550 at 96-97. Price talk E+550 at 97. Launch 250m at E+550 / 97. With GBP 2025 tender offer. UKT 4.25% Dec 2027 +648. FTT 8am Thurs. Call date/price: 2025-08-15@100.0;
Use of Proceeds
Repay existing notes
CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
JMA | 637.000 | 7.38 | Feb-97 | Ba. Bknjaka | V2 | M | Y+ | Yuxjf | J | Cpk rp mpbm 4z | 4.5% | 409 | 4.38% | - | 713.00000 |
Tranche Comments
7.25 hu: Redemption: 2024-02-15; Registration: 144U/Nap P; Comments: EUU250w Emp 2028 WX3 snr sbf EbuB/144U. U2/U/U+. LBUX(U&U). FUYs wxp/wxuw 4s, mmwa 4.5% mrbm (+/-0.125%). Xmwb 4.375% / E+409 gs 0.125% 1/28;
Use of Proceeds
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CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
---|
NQF | 248.000 | 5.1 | Jul-15 | Dj. Drvijrf | A2 | X+ | - | Mzvxx | P | - | 4.25% t | 396 | 4.63% | - | 707.00000 |
Tranche Comments
7.5 or: Redemption: 2020-03-15; Registration: 144C/Ksw E; Comments: LVF430w 7.5FX3fn cbn cej 144A/UegA. Accv 200w 10FX5. V2/V+. JAVX(V&A)/LA. Kmcb 4.25% mnem. Azyen n/c Aef 5-7. Xmwe 550w 4.625% (L+396), wnvffew 10fn. Fnnjew Kcbncwmf;