| Issuer / Guarantor | Axon Enterprise Inc |
|---|---|
| Size | USD 1000mn |
| Type | Convertible |
| Leads | Goldman Sachs, Morgan Stanley, JP Morgan, RBC, Citigroup |
| Maturity | 15 Sep 2031 (5 years) |
| Coupon | 0% (0%) |
| Premium | 47.5% (47.5 - 52.5%) |
| Calls | NC3; PC @ 130% w table MW |
| Puts | 4.5yrs @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Jun 2031 (4.7 yrs) |
| Announced | 15 Sep 2026 |