| Issuer / Guarantor | Aixtron SE |
|---|---|
| Size | EUR 450mn |
| Type | Convertible |
| Leads | Morgan Stanley, BNP Paribas, Commerzbank, Oddo, Deutsche Bank, HSBC |
| Maturity | 23 Apr 2031 (5 years) |
| Coupon | 0% (0%) |
| Premium | 30% (25 - 30%) |
| Calls | @ 100% from Jun 2029 (3.2 yrs); 130% trigger |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (for excess above threshold) |
| T/o protection | c/t ratchet |
| CoCo | None |
| Announced | 15 Apr 2026 |