Velocity Vehicle Group LLC

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New Issue Deal Count

Recent New Issue

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD500.0005Jun-29SeniorB2BB--FixedTsyLow to Mid 8s8.00-8.25%3418.00%-100.00000
Tranche Comments
5 yr: First Pay: 2024-12-01; Redemption: 2026-06-01; Registration: 144A/Reg S; Comments: US$500m 5yr (6/1/2029) fxd cpn 8.000% at par. Spread: T+341bp. CoC: 101%. Equity Clawback: Up to 40% at 108%. Call Schedule: 6/1/2026 at 104.00%, 6/1/2027 at 102.00%, 6/1/2028 and thereafter at par. MWC: T+50bps;
Use of Proceeds
Fund redemptions of outstanding equity interests
Refinancing
Yes

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