Log In
No results found for "".

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
COMM
PRCD
BITELV
PLT VII Finance SARL€200
2EMEA
Jun 20, 2025
currency
EUR
size (m)
150.000
maturity
Jun 15, 2031
type
Floating
tenor
6.000
call
0.00
registration
Private Placement
benchmark
-
ranking
Sr. Secured
moody's
B2
s&p
B
fitch
B+
size description
-
re-open/tap
Yes
ipt
-
ipt-pxd
-
guidance
-
spread
350
coupon
-
spread set
-
price
-
yield
3mE+350bp
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
currency
EUR
size (m)
50.000
maturity
Jun 15, 2031
type
Fixed
tenor
6.000
call
2.00
registration
Private Placement
benchmark
-
ranking
Sr. Secured
moody's
B2
s&p
B
fitch
B+
size description
-
re-open/tap
Yes
ipt
-
ipt-pxd
-
guidance
-
spread
-
coupon
6.000%
spread set
-
price
-
yield
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Redemption: 2025-06-15; Registration: Private Placement; Redemption: 2027-06-15; Registration: Private Placement;
Deal Comments
Private placement: PLT VII Finance Sarl (Bite) (BITELV) EUR200m Reg S private placement sr sec two-part. B2/B/B+ (stable/stable/stable). Via DB/JPM jt placement agents. No reg rights. List ISE. NY law. Settles 07/03 (U.S. Bank Europe DAC). - EUR150m FRN due 06/15/31 (6y). Callable (from 06/15/25) at 100. Temporary ISIN: XS3103616580. Permanent Reg S ISIN: XS2834245297. Will be fungible after 40 days with the original EUR500m issue priced 05/30/24. Floats/pays quarterly 3mE+350bp. Price undisclosed. - EUR50m fixed-rate notes due 06/15/31 (6y). NC2 (06/15/27) (MWC B+50bp), then at 103.00, 101.50, 100. Equity claw: 2y 40% at 106.00. Special call: 10% per year the first 2 years at 103. Temporary ISIN: XS3103616150. Permanent Reg S ISIN: XS2834242435. Will be fungible after 40 days with the otiginal EUR420m issue priced 05/30/24. 6.00% coupon, price undisclosed. UOP: to fund a shareholder distribution. Equity sponsor: Providence Equity. Biz: a leading converged mobile, fixed broadband, Pay TV and media player in the Baltics. HQ: Vilnius, Lithuania.

Commentary

Explore all other Commentary & Deal Flow

Deal Flow

Explore all other Commentary & Deal Flow