| Issuer / Guarantor | TAG Immobilien AG |
|---|---|
| Size | EUR 98mn |
| Type | Convertible |
| Leads | BoA, Societe Generale |
| Maturity | 11 Mar 2031 (6 years) |
| Coupon | 0.625% (0.625%) |
| Premium | 28% (29%) |
| Calls | @ 100% from Apr 2029 (4.1 yrs); 130% trigger |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (for excess above threshold) |
| T/o protection | c/t ratchet |
| CoCo | None |
| Announced | 19 Aug 2025 |