| Issuer / Guarantor | Tempus AI Inc |
|---|---|
| Size | USD 400mn |
| Type | Convertible |
| Leads | Morgan Stanley, Goldman Sachs |
| Maturity | 15 May 2032 (6 years) |
| Coupon | 0% (0%) |
| Premium | 40% (30 - 35%) |
| Calls | NC3; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | None |
| Announced | 07 May 2026 |