| Issuer / Guarantor | HIVE Bermuda 2026 Ltd |
|---|---|
| Size | USD 100mn |
| Type | Convertible |
| Leads | Cantor Fitzgerald |
| Maturity | 15 Apr 2031 (5 years) |
| Coupon | 0% (0%) |
| Premium | 17.5% (12.5 - 17.5%) |
| Calls | NC3; PC @ 130% w table MW |
| Puts | 3yrs @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Jan 2031 (4.7 yrs) |
| Announced | 15 Apr 2026 |