| Issuer / Guarantor | Enovix Corp |
|---|---|
| Size | USD 360mn |
| Type | Convertible |
| Leads | TD Cowen, BoA, Cantor Fitzgerald, Oppenheimer, William Blair & Company |
| Maturity | 15 Sep 2030 (5 years) |
| Coupon | 4.75% (4.5 - 5%) |
| Premium | 22.5% (22.5 - 27.5%) |
| Calls | NC3; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Jun 2030 (4.7 yrs) |
| Announced | 10 Sep 2025 |