September 10, 2024 11:51 GMT
CREDIT UPDATE: AroundTown (ARNDTN: BBB+ neg): Exchange Offer On Hybrids
CREDIT UPDATE
- AroundTown announced a Tender/Exchange for 6 short call Perps.
- The new issue will be a Tap of the XS2799494120 ARNDTN 7.125 Call30
ISIN | Des | Outstanding | Exchange | Tender | Last Price | |
XS1508392625 | ARNDTN 7.078 PERP | 106.9MM | 87.50% | 78% | 71.953 | |
XS2055106210 | ARNDTN 3 3/8 PERP | 209.3MM | 86.50% | 77.13% | 72.642 | |
XS1752984440 | ARNDTN 4.542 PERP | 117.9MM | 70% | 64.50% | 60.492 | |
XS2027946610 | ARNDTN 2 7/8 PERP | 100.742MM | 79.50% | 70.75% | 67.257 | |
XS2017788592 | ARNDTN 8.5211 PERP | 20.434MM | 87.25% | 78.50% | 72.4 | |
XS1634523754 | ARNDTN 7.747 PERP | 87.615MM | 87% | 79% | 74.019 |
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