| Issuer / Guarantor | Nebius Group NV |
|---|---|
| Size | USD 2300mn |
| Type | Convertible |
| Leads | Goldman Sachs, JP Morgan, BoA, Citigroup, Morgan Stanley, Deutsche Bank, HSBC, UBS |
| Maturity | 15 Feb 2034 (7.5 years) |
| Coupon | 4.5% (4 - 4.5%) |
| Premium | 45% (45 - 50%) |
| Calls | NC2; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Dec 2033 (7.3 yrs) |
| Announced | 19 Aug 2026 |