| Issuer / Guarantor | China Pacific Insurance (Group) Company |
|---|---|
| Size | HKD 15556mn |
| Type | Convertible |
| Leads | JP Morgan, UBS, Huatai International, BoA, Morgan Stanley |
| Maturity | 18 Sep 2030 (5 years) |
| Coupon | 0% (0%) |
| Premium | 25% (25%) |
| Calls | @ 100% from Sep 2027 (2 yrs); 130% trigger |
| Puts | 3yrs @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | c/t ratchet |
| CoCo | None |
| Announced | 10 Sep 2025 |