| Issuer / Guarantor | Cogent Biosciences Inc |
|---|---|
| Size | USD 230mn |
| Type | Convertible |
| Leads | Jefferies, JP Morgan |
| Maturity | 15 Nov 2031 (6 years) |
| Coupon | 1.625% (1.75 - 2.25%) |
| Premium | 45% (37.5 - 42.5%) |
| Calls | NC4; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Aug 2031 (5.7 yrs) |
| Announced | 10 Nov 2025 |