The deal was launched with a base size of €200m, and a €20m increase option.
Initial coupon guidance was at 0.875%-1.375%, with a conversion premium range of 20%-25%. That implied volatility of 24-30, according to analysts away from the deal, against fair volatility of around 15.The deal will fund ...
Please take a trial or subscribe to access this content.
Contact Mark Goodes to discuss your access: firstname.lastname@example.org