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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
HLTH
PRCD
-
Isotope FinCo Sarl, Isotope FinCo 2 LLC-
2EMEA
Sep 25, 2026
currency
EUR
size (m)
435.000
maturity
Oct 15, 2033
type
Fixed
tenor
7.000
call
3.00
registration
144A/Reg S
benchmark
DBR
ranking
Sr. Secured
moody's
B1
s&p
BB-
fitch
BB-
size description
-
re-open/tap
No
ipt
6.00% area
ipt-pxd
-
guidance
5.50% - 5.75%
spread
199
coupon
5.50%
spread set
-
price
100.00000
yield
5.50%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
currency
USD
size (m)
700.000
maturity
Oct 15, 2033
type
Fixed
tenor
7.000
call
3.00
registration
144A/Reg S
benchmark
7yr Tsy
ranking
Sr. Secured
moody's
B1
s&p
BB-
fitch
BB-
size description
-
re-open/tap
No
ipt
Low 7s
ipt-pxd
-
guidance
7.25% area (+/- 12.5)
spread
199
coupon
7.125%
spread set
-
price
100.00000
yield
7.125%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
First Pay: 2027-07-31; Redemption: 2029-10-15; Registration: 144A/Reg S; Comments: MWC: B+50. SMR: Yes. Regulatory Call: Yes. CoC: 101%. Tax Call: Yes. Size: £345m equivalent; First Pay: 2027-07-31; Redemption: 2029-10-15; Registration: 144A/Reg S; Comments: MWC: B+50. SMR: Yes. Regulatory Call: Yes. CoC: 101%. Tax Call: Yes. Size: £520m equivalent;
Use of Proceeds
Proceeds alongside £3,565m-equiv. of Term Loan B facilities and £6.4bn equity contribution will be used to i) finance the acquisition of the entire share capital of Intertek by the shareholders, ii) refinance existing Intertek debt, iii) fund cash on balance sheet, and iv) pay transaction fees and expenses