| Year | 2021 | 2024 |
|---|---|---|
| Issue Volume ($m) | 500 | 595 |
| Coupon Rate (% p.a.) | 9.875% | 8.25% |
| Coupon Frequency | S/A | S/A |
| Дата погашення | 9/15/2021 | 7/9/2024 |
| Ratings: Moody`s/S&P/Fitch | -/B-/B | -/-/B |
| Market Price* ($) | 101.50 | 105.25 |
| Market YTM* | 5.83% | 6.53% |
| Spread over UST* | 575 | 634 |
| Note: *Based on bid price. | ||
| Year | 2019 | 2020E | 2021E |
|---|---|---|---|
| Net Sales ($m) | 3,502 | *** | *** |
| EBITDA ($m) | 671 | *** | *** |
| Net Income ($m) | 146 | *** | *** |
| EBIT Coverage Ratio (x) | 1.37 | *** | *** |
| Net Debt/Equity (%) | 16.5% | *** | *** |
| Covenants | |
|---|---|
| Restriction on payment of dividend | - |
| Payment of taxes | $30m |
| Financial reports | A - within 180 days; S/A - within 120 days |
| Max. Net Financial Indebtedness/EBITDA* | 3:1 |
| Capacity to incur new indebt.** | $250m |
| Events of Default | |
| Failure to pay | 5 days |
| Cross default | $20m/$40m |
| Expiry of license, illegality, insolvency etc. | - |
| Judgements | $10m/60 days |