| Issuer / Guarantor | JVCKenwood Corporation |
|---|---|
| Size | JPY 30000mn |
| Type | Convertible |
| Leads | Daiwa, SMBC Nikko |
| Maturity | 02 Dec 2030 (5 years) |
| Coupon | 0% (0%) |
| Premium | 32.99% (28 - 38%) |
| Calls | None |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (for excess above threshold) |
| T/o protection | Make-whole table |
| CoCo | 130% to Sep 2030 (4.8 yrs) |
| Announced | 13 Nov 2025 |