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Basic-Fit 2.500% 24-Apr-2031

Issuer / Guarantor Basic-Fit NV
Size EUR 307.6mn
Type Convertible
Leads BNP Paribas, ABN AMRO, Rabobank, Kepler Cheuvreux
Maturity 24 Apr 2031 (5 years)
Coupon 2.5% (2.375 - 2.875%)
Premium 45% (40 - 45%)
Calls @ 100% from May 2029 (3.1 yrs); 130% trigger
Puts t/o @ 100%
Div protection Ratio adjustment (Full)
T/o protection c/t ratchet
CoCo None
Announced 16 Apr 2026


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