| Issuer / Guarantor | Centuria Industrial REIT |
|---|---|
| Size | AUD 325mn |
| Type | Convertible |
| Leads | Jefferies, JP Morgan, Morgan Stanley |
| Maturity | 03 Sep 2030 (5 years) |
| Coupon | 3.5% (3.5%) |
| Premium | 21.5% (21.5 - 22.5%) |
| Calls | @ 100% from Sep 2028 (3 yrs); 130% trigger |
| Puts | 3yrs @ 100% |
| Div protection | Ratio adjustment (for excess above threshold) |
| T/o protection | c/t ratchet |
| CoCo | None |
| Announced | 27 Aug 2025 |