Issuer / Guarantor | Bit Digital Inc |
---|---|
Size | USD 150mn |
Type | Convertible |
Leads | Barclays, Cantor Fitzgerald, B. Riley & Co |
Maturity | 01 Oct 2030 (5 years) |
Coupon | 4% (4 - 4.5%) |
Premium | 30% (25 - 30%) |
Calls | NC3; PC @ 130% w table MW |
Puts | 3yrs @ 100% |
Div protection | Ratio adjustment (Full) |
T/o protection | Make-whole table |
CoCo | None |
Announced | 29 Sep 2025 |