| Issuer / Guarantor | Nichicon Corp |
|---|---|
| Size | JPY 22000mn |
| Type | Convertible |
| Leads | Daiwa, Mizuho, Nomura, SMBC Nikko |
| Maturity | 18 Sep 2031 (5 years) |
| Coupon | 0% (0%) |
| Premium | 31.99% (22 - 32%) |
| Calls | @ 100% from Aug 2031 (4.9 yrs); % trigger |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (for excess above threshold) |
| T/o protection | None |
| CoCo | 130% to Jun 2031 (4.7 yrs) |
| Announced | 02 Sep 2026 |