|Issuer:||Kernel Holding S.A.|
|Status / format:||Senior Unsecured / Guaranteed|
|Guarantor coverage||99.6% of Group revenue; 85.2% of Group EBITDA (at issuance date)|
|Instrument rating||- / B / B+ (Moody's / S&P / Fitch)|
|Distribution format||RegS / 144A|
|Maturity||January 31, 2022|
|Amount||US$ 500 million|
|Coupon / yield at issuance date||8.750% / 8.875%|
|Denom.||US$ 200 thousand / US$ 1 thousand|
|Law / Listing||English / ISE|
|Priced||January 24, 2017|
|Payment period||Payment dates|
|1||31 July 2017|
|2||31 January 2018|
|3||31 July 2018|
|4||31 January 2019|
|5||31 July 2019|
|6||31 January 2020|
|7||31 July 2020|
|8||31 January 2021|
|9||31 July 2021|
|10||31 January 2022|
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