| Issuer / Guarantor | Midea Group Co Ltd |
|---|---|
| Size | HKD 8624mn |
| Type | Convertible |
| Leads | Morgan Stanley, Goldman Sachs, Citigroup, BoA, CICC |
| Maturity | 11 May 2027 (1 years) |
| Coupon | 0% (0%) |
| Premium | 15% (13.5 - 18.5%) |
| Calls | @ 100% from Aug 2026 (0.3 yrs); 120% trigger |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | c/t ratchet |
| CoCo | None |
| Announced | 06 May 2026 |