| Issuer / Guarantor | Opendoor Technologies Inc |
|---|---|
| Size | USD 650mn |
| Type | Convertible |
| Leads | J Wood Capital |
| Maturity | 15 Aug 2030 (4 years) |
| Coupon | 0% (0%) |
| Premium | 35% (35%) |
| Calls | NC2.5; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Feb 2030 (3.5 yrs) |
| Announced | 13 Aug 2026 |