| Issuer / Guarantor | Evotec SE |
|---|---|
| Size | EUR 116.1mn |
| Type | Convertible |
| Leads | BNP Paribas, Goldman Sachs, HSBC, Morgan Stanley |
| Maturity | 21 May 2033 (7 years) |
| Coupon | 2.625% (2.375 - 2.875%) |
| Premium | 37.5% (35 - 40%) |
| Calls | @ 100% from Jun 2031 (5.1 yrs); 130% trigger |
| Puts | 5yrs @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | c/t ratchet |
| CoCo | None |
| Announced | 12 May 2026 |