| Issuer / Guarantor | Mitsubishi Materials Corp |
|---|---|
| Size | JPY 35000mn |
| Type | Convertible |
| Leads | Morgan Stanley |
| Maturity | 26 Jul 2032 (6 years) |
| Coupon | 0% (0%) |
| Premium | 20% (14 - 24%) |
| Calls | @ 100% from Jul 2032 (5.9 yrs); % trigger |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 150% to Jun 2031 (4.9 yrs) |
| Announced | 08 Jul 2026 |