Priced.
- €625m 7NC3 Pay-In-Kind (July 1, 2032) at 10.5%
- Spread +808bps vs DBR 1.70% due 08/15/2032
- Coupon (PIK) 11.25%
- Price 100
- Revised price talk 10.5%-10.75% will price in range
- IPT 10.75%-11%
- CoC 101
- Equity Clawback: up to 40%
- Standard Call: Callable from YR3 at par +50%; YR4 at par +25%; YR5 at par
- Denoms: 100k x 1k
- See security information:
7Y 144A ,7Y Reg S
- $450m 7NC3 Pay-In-Kind (July 1, 2032) at 12%
- Spread +800bps vs UST 4.00% due 06/30/2032
- Coupon (PIK) 12.75%
- Price 100
- IPT 11.75%-12%
- CoC 101
- Equity Clawback: up to 40%
- Standard Call: Callable from YR3 ...