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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
ENGY
PRCD
SHLFDI
Shelf Drilling Holdings Ltd$600
1EMEA
Jan 31, 2018
currency
USD
size (m)
600.000
maturity
Feb 15, 2025
type
Fixed
tenor
7.000
call
-
registration
144A/Reg S
benchmark
Tsy
ranking
Senior
moody's
B2
s&p
B-
fitch
-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-
guidance
8.25-8.50%
spread
557
coupon
8.25%
spread set
-
price
100.00000
yield
8.25%
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
7 yr: First Pay: 2018-08-15; Registration: 144A/Reg S; Comments: Upsized to USD600m from (USD550m) 7yr Fxd. snr 144A/RegS for life. CS/HSBC/JPM/RBC. Repay notes CoC: 101%. Equity claw: 35% prior to 2/15/21 at 108.250%. Call sched: 2021 at 106.188%, 2022 at 104.125%, 2023 at 102.063%, 2024 and thereafter at par. (Source: IFR);
Use of Proceeds
Refinancing

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