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Compass 0.250% 15-Apr-2031

Issuer / Guarantor Compass Inc
Size USD 1000mn
Type Convertible
Leads Morgan Stanley, JP Morgan, BMO Capital, Citizens, Truist, BoA, TCBI Securities
Maturity 15 Apr 2031 (5.3 years)
Coupon 0.25% (0.5 - 1%)
Premium 35% (30 - 35%)
Calls NC3.25; PC @ 130% w table MW
Puts t/o @ 100%
Div protection Ratio adjustment (Full)
T/o protection Make-whole table
CoCo 130% to Jan 2031 (5 yrs)
Announced 07 Jan 2026


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