| Issuer / Guarantor | Moderna Inc |
|---|---|
| Size | USD 2000mn |
| Type | Convertible |
| Leads | Morgan Stanley, Goldman Sachs |
| Maturity | 01 Mar 2032 (5.5 years) |
| Coupon | 0% |
| Premium | 40 - 45% |
| 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 | 27 Aug 2026 |