|
Issuer / Guarantor
|
Schneider Electric SE
|
|
Size
|
EUR 750mn
|
|
Type
|
Convertible
|
|
Leads
|
Credit Agricole, HSBC, Natixis, BNP Paribas, JP Morgan
|
|
|
|
|
Maturity
|
23 Sep 2033 (8 years)
|
|
Coupon
|
1.25% (1 - 1.5%)
|
|
Premium
|
37.5% (37.5 - 42.5%)
|
|
Calls
|
@ 100% from Oct 2031 (6.1 yrs); 150% trigger
|
|
Puts
|
t/o @ 100%
|
|
Div protection
|
Ratio adjustment (for excess above threshold)
|
|
T/o protection
|
c/t ratchet
|
|
CoCo
|
None
|
|
Announced
|
16 Sep 2025
|
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