| Issuer / Guarantor | Live Nation Entertainment Inc |
|---|---|
| Size | USD 1300mn |
| Type | Convertible |
| Leads | Citigroup, JP Morgan |
| Maturity | 15 Oct 2031 (6 years) |
| Coupon | 2.875 - 3.375% |
| Premium | 47.5 - 52.5% |
| 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 Jul 2031 (5.8 yrs) |
| Announced | 08 Oct 2025 |