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BKV 1.625% 15-Oct-2031

Issuer / Guarantor BKV Corp
Size USD 500mn
Type Convertible
Leads Barclays, Citigroup
Maturity 15 Oct 2031 (5.1 years)
Coupon 1.625% (1.625 - 2.125%)
Premium 32.5% (27.5 - 32.5%)
Calls NC3; PC @ 130% w table MW
Puts t/o @ 100%
Div protection Ratio adjustment (Full)
T/o protection Make-whole table
CoCo 150% to Jul 2031 (4.8 yrs)
Announced 09 Sep 2026


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