| Issuer / Guarantor | Caledonia Mining Corp PLC |
|---|---|
| Size | USD 150mn |
| Type | Convertible |
| Leads | Cantor Fitzgerald |
| Maturity | 15 Jan 2033 (7 years) |
| Coupon | 5.875% (5.75 - 6.25%) |
| Premium | 25% (22.5 - 27.5%) |
| Calls | NC4; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (for excess above threshold) |
| T/o protection | Make-whole table |
| CoCo | 130% to Oct 2032 (6.7 yrs) |
| Announced | 14 Jan 2026 |