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Novanta 6.500% 01-Nov-2028 PEPS

Issuer / Guarantor Novanta Inc
Size USD 550mn
Type Mandatory Convertible PEPS
Leads JP Morgan, BoA, Wells Fargo
Maturity 01 Nov 2028 (3 years)
Coupon 6.5% (6.25 - 6.75%)
Premium 25.01% (20 - 25%)
Calls None
Puts None
Div protection Ratio adjustment (Full)
T/o protection Make-whole table
CoCo None
Announced 05 Nov 2025


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