| Issuer / Guarantor | Bitdeer Technologies Group |
|---|---|
| Size | USD 400mn |
| Type | Convertible |
| Leads | Barclays, BTIG, Cantor Fitzgerald |
| Maturity | 15 Nov 2031 (6 years) |
| Coupon | 4% (3.5 - 4%) |
| Premium | 27.5% (27.5 - 32.5%) |
| Calls | NC3; PC @ 130% w table MW |
| Puts | 4yrs @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Aug 2031 (5.7 yrs) |
| Announced | 12 Nov 2025 |