| Issuer / Guarantor | Encore Energy Corp |
|---|---|
| Size | USD 100mn |
| Type | Convertible |
| Leads | Cantor Fitzgerald |
| Maturity | 15 Aug 2030 (5 years) |
| Coupon | 5.5% (5.25 - 5.75%) |
| Premium | 27.5% (25 - 30%) |
| Calls | NC3; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | None |
| CoCo | 130% to May 2030 (4.7 yrs) |
| Announced | 19 Aug 2025 |