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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
CONS
LNCH
AIIR
AIR Ltd-
1EMEA
Sep 23, 2026
currency
USD
size (m)
425.000
maturity
Sep 29, 2031
type
Fixed
tenor
5.000
call
2.00
registration
144A/Reg S
benchmark
5yr Tsy
ranking
Sr. Unsecured
moody's
Ba3
s&p
BB-
fitch
-
re-open/tap
No
ipt
8.25-8.50%
ipt-pxd
-
guidance
STL
spread
-
coupon
7.875%
spread set
-
price
-
yield
8.125%
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
Redemption: 2028-09-29; Registration: 144A/Reg S; Comments: Reg S ISIN: XS3520700090;
Guarantor(s)
AIR Global Plc (US-listed Topco) and other material subsidiaries and group entities representing at least 80% of consolidated Group EBITDA / Net Revenue and total assets
Use of Proceeds
Refinancing of existing debt and to cover transaction related fees and expenses