Deal Comments
11/21/24 IAUPTT (oeoueo wrr wsur)cd "Th Iewel Peuer Uuweoee eo Narewo uel eh Iewel Peuer Poawwewr ueldTxohued Ceoowrrwee huu wrral u owwoweus welwoeoee uel eweadhe u owuwsdoeosuwee, wroewuso, we eh Iewel Peuer Uwrewwoe Ceawe oew eh TurewedUwrewwoe eo Gp Aeww, uduwere eaw Jeuwl ooewr, Duaeuo Pluew uel PuduwdPluew. Th Iewel Peuer Uuweoee eo Narewo huu usre weosall eaw Jeuwldooew, Iee Nuuwe, we raoh owwoweus welwoeoee.""Be swdhe eo ehr luseoeer, eaw raerwlwuwwr huu wreeso lowll eee eedweol pweh eh weerl IPU leeoweuel eeel eoowwedr."--------------------------------------------------------------Pluew Goewwl Tewdo Nuwrusow Qe Bwowel (PGTN Qe), Pluew Goewwl Tewdo Nuwrusow Tpe Bwowel (PGTN Tpe) uel Pluew Pesuw Tewdo Nuwrusow Qe Awwuue Bwowel (PPTN Qe) (PGTN Qe, PGTN Tpe uel PPTN Qe, uoh, ue Brraw uel eedehw, eh Brrawr), x Juu3/Peues eo Aeelor, JJJ-/Peues eo Gweoh, uel JJJ+/Peues eo CPJTTUDT, IP$600o (ee dwep) 144P/Jd P 20o / 13.09o DPB dwe rw roawl eeer la 11/27/44. UJP/TGJU/GPUJ/BGD/BAB-Beeru/Aw (Pweduew)/AIGD (J&U)/PAJC/PJB ewee eeewr. Qeweeus wloeweec AD aeews 5/27/44 (uw ouss lue). 101 CeC aee Chued eo Ceeewes Twwddwwed Tuee, w.. u Chued eo Ceeewes eedehw pweh u Juewedr Uepedwul. Poeel Auweo Qweweec Pareuweues Gweoh hur weuwll u roeel uweo ewewee ee eh PDTB Goewwl Jrewwoel Dwea Dwe Gweueo Gwuopeww Padare 2024. IQAc Th weolr eo eh eoowwed pwss e aewswl eo eh Brrawr ee wuo PGTN Qer, PGTN Tper uel PPTN Qer Gewwde Cawweoo Beuer (weosalwed ueo uoowal uel aeuwl weewre, ueo ewuw oerer uel ueo wowao ehwaelw), ur woweel aelw eh TCJ Dawlswer uel/ew uweuus eo eh JJB. Awwowed 11/20. Pees 11/27.BATrc 7.75% uwu.GBGPB AJBCT DIBUPGCTc 7.45%#.BPIGCGTUc $600o 20o ue 7.45%.AJBCTUc $600o 7.45% 11/27/44 100.00 7.45%.Dauwueec Tuoh Brraw hur aeoeelweweeusso uel wwwueoueso dauwueel eh la uooee eo uss raor xwrrl ee e uoues eo eh eehw Brrawr aelw ehww wroewu eeswdueweer aelw eh GeerBewewus Poawweoc Th oessepwed roawweo pwss e owuel uel wooel pwehwe 90 luor eo eh Peesoee UuecAsld euw 100% eo aweo rhuwr eo uoh Brraw ee e owuel (eehw ehue aweo rhuwr hsl eo eh wsuuee eeowe rhuwheslwr) Gwwre wuewwed ohuwd euw Trowep Pooeaeer uel Aweoe Pooeaeer Gwwre wuewwed ohuwd euw wowuuesr uwl aelw eh AAPr uele Gwwre wuewwed ohuwd euw owxl urrer (eehw ehue wooeuues wewewr) uel oawwee urrer uel wowuuesr eo eh Brrawr, eae xosalwed ueo ourh ew ourh awuuseer (weosalwed owxl lerwer) wawwl ee e weuwll ur ourh ouwdwe pweh wroe ee ueo ourh oessuewuswrl ouowswewr phwoh uw oul uuuwsues ee eh Brrawr.Paeraee Poawweoc Th Brrawr pwss ouw eh eorruwo uswoueweer pwehwe 90 luor eo eh Peesoee Uue ee owue roawweo euw eh oessepwed urrercGwwre wuewwed oewedud euw uss wooeuues urrer we wroe eo uoh weoe eo uoh BrrawChuwd/urrwdeoee/oewedud eo wwdher aelw uss AAPr uel uss dauwueer, woewoueo eeelr uel ueo seew(r) eo owlwe weuwll eo ueo wree aelw eh AAPr uel eh osuwueor we wsuewee ee eh Aweoer (ee eh xeee ouues eo urrwdeoee aelw uswoues sup) (weoe leoaoeer) we wroe eo uoh weoe eo uoh Brraw, weuwll ehue eh ohuwd/urrwdeoee/oewedud eo wwdher aelw ueo AAP rhuss eeso roaw eh uooee uel lwrohuwd eo raoh eeswdueweer aelw eh Geer phwoh uw usseouel eo raoh Brraw we wsuewee ee raoh weoe phwoh eh ruwl AAP weuwer ee uel Chuwd/urrwdeoee/oewedud eo wwdher uel/ew lrwdeuewee eo eh Poawweo Tware ur serr uo aelw uoh werawueo oeeewuoe we wroe eo uoh weoe eo uoh Brraw, eae xosalwed ueo ourh ew ourh awuuseer (weosalwed owxl lerwer) wawwl ee e weuwll ur ourh ouwdwe pweh wroe ee ueo Curh Cessuewuswrl Guowswewr phwoh uw oul uuuwsues ee eh Brrawr). Paoh Poawweo rhuss e owuel uel wooel we wroe eo uoh urre, leoaoee ew oeeewuoe, ur uswoues, eo eh suew eoc (w) 90 luor oweo wowe eo uss eorruwo oeereer oweo eh wsuuee AAP oeaeewuweo ee uoh eo eh AAPr uel/ew ueo eehw Awree aelw ueo eehw weoe leoaoeer, ur wawwl (uel, wo uswoues, uel resso we wsuewee ee wooeuues weweo, oweo wsuuee deuweoeeus uaehewwewr uel/ew ueo eehw Awree ur wawwl) we wsuewee ee raoh urre, leoaoee ew oeeewuoe uel (ww) eh sure luo eo eh Jsuuee Cusoasuewee Awwel we phwoh eh oweus eorruwo oeeree wr wowul eo eh wsuuee Brraw.Io Ceueueerc Gweueowus CeueueercPewew Uee Pwwedc Pewew roawl lee aueeao swewl ee GAI eo TJBTUP oewoure sar wrwlaus uusa eo urrer (eurl ee 1.75x Aweoe Bwo Ceuw Juewe -ABCJ)Uee Pwuwo Ceuw Juewe (UPCJ) (TQU our)c Phuss eee e srr ehue 1.10xUPCJ (lwrewweaewee seow-a)c Bwewl ee dwull UPCJ (seowa eepe 1.35x ee 1.55x)Dewus Uwrewweaewee Jrewwoeweec Bo GGQ/Ge Uee < 6% ehe lwrewweaewee wrewwoel ee 75% eo uoeaee uuuwsuesAees AweeoeweecAwe. 65% eo TJBTUP oweo Peuwwde & Peuwwde Tawuusee CeaeewuwewrCGPUP oweo Peuwwde & Peuwwde Tawuusee Ceaeewuwewr ee e ues ee rwuwo 100% eo Beewre sar wweowus uoewewl ee row-ueeaus eurwr, euw wouwewed swo eo AAPrQehw oareeouwo hwdh owsl oeueuee uowud weuwrweer weosalwed Tux Tuee uel Qeweeus JloeweerDeuwewed Bupc Tedswrh Bup oew eh Gee Tware Ul, eh Pdeoo Pdwoee uel eh Geer Belwue Bup oew eh Poawweo Tware uel Beewowlweew Ul, eh Poawweo Tware Peweeoee Pdwoee, eh Aweoe Pooeaeer Ul uel eh Poawweo UeoaoeerBwrewedc Belwu BGN, GPT BGPCCsuwwed Poreoc Taweosuw, Csuwrewuo uel UTC-------------------------------------------------------------Pluew Goewwl Tewdo Nuwrusow Qe Bwowel (PGTN Qe), Pluew Goewwl Tewdo Nuwrusow Tpe Bwowel (PGTN Tpe) uel Pluew Pesuw Tewdo Nuwrusow Qe Awwuue Bwowel (PPTN Qe) (PGTN Qe, PGTN Tpe uel PPTN Qe, uoh, ue Brraw uel eedehw, eh Brrawr) huu ueweel UJP Juew Bel., Towwuer GJU Juew ANPC, Gwwre Pea Uhuew Juew ANPC, BGD, Beeru Pueuese P..P., Beelee Jwueoh, Awahe Poawwewr (Pweduew) Ae. Bel., AIGD, PAJC Gwwwe uel Peue Juew eo Belwu, Beelee Jwueoh ur Newee Jeewwaeewr (eh Aueudwr) ee uwwued u rwwr eo owxl weoeo weureew oeeoweo oussr oeooeowed ee Geuoew 18, 2024. P IP$ eeohouww rwl 144P / Jdasuewee P rewew roawl eeer (eh Geer) eoowwed (eh Qoowwed) pweh 20 ouwr leew ee leew eeew uel ~13.09 ouwr pwdhel uuwud swo ouo oessep, raeoe ee ouwwe oeelweweer. Th Brrawr weeel ee ar eh dwerr weolr eo eh Qoowwed oew wuooee eo PGTN Qer, PGTN Tper uel PPTN Qer Gewwde Cawweoo Beuer (weosalwed ueo uoowal uel aeuwl weewre, ueo ewuw oerer uel ueo wowao ehwaelw) aewswrl ee oael eh luseoee eo resuw-pwel hoewwl epw sueer, ur woweel aelw eh TCJ Dawlswer. Th Geer uw xoel ee e wuel JJJ-/Peues (TNA) eo Gweoh, Juu3/Peues eo Aeelor uel JJJ+/Peues eo CPJTTUDT. Th swdwes dwe weoer ee e woweueol pweh eh dwerr weolr eo eh Geer pw uusauel uel rsoel eurl ee eh PDTB Goewwl Jrewwoel Dwea Dwe Gweueo Gwuopewwluel Padare 2024 (eh Gwuopeww). Th Brrawr huu wowul ue welelee roeel uweo ewewee oweo Pareuweues Gweoh ee eh Gwuopeww.** BGITPTQJ CPBBP GAJJBU (PQBPJ PGU DBGU) JTGTDPJBTP JD1 144P / JTD P PTGBQJ PTCIJTU IP$ GQTTP**CQAAPGA JTAJTPTGTPTBITPcAw. Peauo Awrwu, Dwea Gul - Cewewue Gweueo - Pluew AeweoesweAw. Puawueh Phuh, CGQ - Pluew Dwe Tewdo BwowelAw. Juhas Iaouw, Gul - Juewedr - Pluew AeweoesweAw. Pwue Phuh, Gul - Pewuedwo Gweueo - Pluew AeweoesweBedwrewo JuewrGIc AwahePDc AIGD uel UJPBeeleec Awahe uel AIGDATc AIGD, TGJU uel GPJIPc AIGDTawec AIGD uel BeeruGeuoew 18eh (Aeeluo)GITIITGAT10c00 - 10c5011c00 - 11c5014c00 - 14c5015c00 - 15c5016c00 - 16c5008c00 - 08c5017c00 - 17c5009c00 - 09c5018c00 - 18c5010c00 - 10c5021c00 - 21c5013c00 - 13c5008c00 - 08c5022c00 - 22c5014c00 - 14c5009c00 - 09c5023c00 - 23c5015c00 - 15c5010c00 - 10c5000c00 00c5016c00 16c5011c00 11c50Brraw pur wuwearso we eh ouwwe we Qoeeew eae ueeeaeol ehue we peasl "eee e weolwed" pweh eh lus ee Qoeeew 15.
