10/26/2022 Cirsa Finance International Sarl (LHMCFI) EUR425m (up from EUR350m) 144A/Reg S sr sec notes due 11/30/27 (5y). NC2 (11/09/24) (MWC B+50bp), then at 105.1875, 102.59375, 100. B3/B- (positive/positive). Via DB (B&D)/Barc/BBVA/CS/Jefferies/UBS jt glocos/books. No reg rights. List Lux. NY law. Interest pays March 15 and Sept 15, starting 03/15/23. Trade date 10/26. Settles 11/09 (T+10). Reg S ISIN: XS2550380104. IPT: 11% area yield. Px talk: 11%-11.25% yield (inclusive of around 2 points OID). Final terms: 10.375% at 98.105, yield 10.875%. Priced: 10.375% at 98.105, yield 10.875%. +891bp vs DBR 0% 11/15/27. 1x1s 10/25-26 (investor call at 10:30am UKT 10/25). Books closed at 5:45pm UKT 10/26 (originally closing at 2:30pm UKT 10/26). FTT 7:45am UKT 10/27. UOP: redeem a portion of its EUR563m 6.50% sr sec notes due 12/20/23 (callable at 100) (EUR75m upsize to repay additional 6.50% 2023 notes). Equity sponsor: Blackstone. Biz: One of the leading gaming companies in Spain and Italy, as well as in several countries in Latin America and Morocco, engaged in the operation of slot machines, casinos and bingo halls. HQ: Terrassa, Spain.
Pricing: 10.375% at 98.105, YLD 10.875%. +891bp DBR 0% 11/15/27