| Issuer / Guarantor | Evolent Health Inc |
|---|---|
| Size | USD 166.75mn |
| Type | Convertible |
| Leads | Oppenheimer, Goldman Sachs |
| Maturity | 15 Aug 2031 (6 years) |
| Coupon | 4.5% (4.5%) |
| Premium | 50% (50%) |
| Calls | NC1; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to May 2031 (5.7 yrs) |
| Announced | 18 Aug 2025 |