| Issuer / Guarantor | Check Point Software Technologies Ltd |
|---|---|
| Size | USD 1750mn |
| Type | Convertible |
| Leads | JP Morgan, Morgan Stanley, Goldman Sachs, HSBC |
| Maturity | 15 Dec 2030 (5 years) |
| Coupon | 0% (0%) |
| Premium | 27.5% (25 - 30%) |
| Calls | NC3; PC @ 130% w table MW |
| Puts | 3yrs @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Sep 2030 (4.8 yrs) |
| Announced | 02 Dec 2025 |