| Issuer / Guarantor | XtalPi Holdings |
|---|---|
| Size | HKD 2866mn |
| Type | Convertible |
| Leads | JP Morgan, Goldman Sachs, BoA |
| Maturity | 26 Jan 2027 (1 years) |
| Coupon | 0% (0%) |
| Premium | 25% (15 - 25%) |
| Calls | None |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | c/t ratchet |
| CoCo | None |
| Announced | 07 Jan 2026 |