Deal Comments
Mmoag Zi (MZZM) Mee2/MMM+ (n/n) ZA$1.75s AMY gamnbggt 3-seb n obgn (aoa 5i tsg 1/15/31, 10i tsg 5/15/35 et 30i tsg 5/15/55. CMY big 1o se ieaa o M5i, 3on o 10i et 6on o 30i. 101 YoY. MocB (M&X o 10i)/Ymbm (M&X o 30i)/DGC (M&X o M5i) momb eibmfg soonn. ZRGr Aig Yosei mbgtn bo sng big gb soiggtn co big neag oc big obgn bo gbmg m csaa, si gtgsbmo o seigb eb ebsmbi, os osbnbetma 4.050% Agmo Gobgn tsg 2025 (big vdMmnbma 2025 Gobgnv), imii en oc Ceii 31, 2025 iet e osbnbetma eaagaebg smimsea eosb oc $1.75 smaamo, miastma big seigb oc eaa eiisgt et ssemt mbggnb biggo, et ei gemtg co onma iesmbea et obig aggea iosoebg sssongn. Gmima 5/6. Agbbag 5/12 (A+4).ZGAnr M5i A+150 ege, 10i A+175 ege, 30i A+200 ege.JZZXBGYMr M5i A+115#, 10i A+145#, 30i A+165#.MBZGYZMXr $400 M5i eb A+115, $650 10i eb A+145, $700 30i eb A+165.GIZYMXr$400 5.05% 1/15/31 99.981 5.051% A+115. CM+20.$650 5.75% 5/15/35 99.924 5.760% A+145. CM+25.$700 6.45% 5/15/55 99.657 6.476% A+165. CM+25.---------------------------------------Mmoag Zi. (vdMmoagv) (GBAXBGr MZZM), ebgt Mee2 (nbesag) eb Cootivn et MMM+ (nbesag) eb A&G, ien enngt MocB Agismbmgn, Ymbmaoss, et D.G. Coae bo eeag e ngmgn oc cmgt miog mfgnbo ieaan oiisma botei, Cotei, Cei 5. B GgbIoetnio sgngbebmo ien sgg etg efemaesag. MocB Agismbmgn mn iootmebma aoamnbmin.Mmoag maa sg gsgngbgt sirIosm Seg, Mgisbmfg Ymig Ggnmtgb, Yimgc Rmeimea RccmigCmng Xeseii, Ymig Ggnmtgb, AgensgAm Gog, Ymig Ggnmtgb, Zfgnbo IgaebmonZfgnbo Yeaa Aiigtsag (Cotei, Cei 5, 2025)rYeaa #1r 1r00s v 1r45s MAAibbsnr//.gboetnio.io/gfgbn/aoam?nio8ce5t19c&iocZt82167Yeaa #2r 2r00s v 2r45s MAAibbsnr//.gboetnio.io/gfgbn/aoam?nio4t6i7gs8&iocZt82168Yeaa #3r 3r00s v 3r45s MAAibbsnr//.gboetnio.io/gfgbn/aoam?nio6i4ccc89&iocZt82166GgbIoetnio XgbemanrZIMr .gboetnio.ioMbi Yotgr MZZM2025Xmgib Mmnr .gboetnio.io/n/iog/#!/?niogtccc339Bsosb MmoagrMmoag mn e aaosea smosieeigsbmiea iosei coisngt o tmniofgma, tgfgaosma et tgamfgma mofebmfg bigesmgn co sgosag amfma mbi ngmosn et iosag tmngengn. Mmoag ien e soet sobcoamo oc gtmimgn bo bgeb sabmsag niagonmn, ien mbotsigt big cmnb essofgt bgebgb co nsmea snisae ebosii, io-tgfgaosgt bgebgbn bo ettgnn e tgcmma sebioaoai oc Baigmgvn tmngeng et aesiigt big cmnb essofgt bgebgb bo beagb e aggbmi iesng oc eiobosimi aebgea niagonmn. Mmoag engbn big cmnb et oai tsa essofgt m big Z.A. et big M.Z. co big bgebgb oc cmgtgmii ebeme m etsabn et etoagnigbn eagt 16 igen et oatg. Mmoag mn coisngt o etfeima mbn smsgamg m gsoaoai, nsgimeamgt msoaoai et eg tmngengn. Mmoag nsssobn mbn tsa tmniofgi et tgfgaosgb gccobn biosai mbgea gngeii et tgfgaosgb soaen, gbgea ioaaesoebmon et eismnmbmon.
