| Issuer / Guarantor | INNOVATE Corp |
|---|---|
| Size | USD 53.4559mn |
| Type | Convertible |
| Leads | |
| Maturity | 01 Mar 2027 (1.6 years) |
| Coupon | Structured |
| Premium | 700% (700%) |
| Calls | NC0; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | None |
| Announced | 01 Aug 2025 |