| Issuer / Guarantor | Voyager Technologies Inc |
|---|---|
| Size | USD 350mn |
| Type | Convertible |
| Leads | JP Morgan, BoA |
| Maturity | 15 Oct 2032 (6.1 years) |
| Coupon | 0 - 0.5% |
| Premium | 30 - 35% |
| Calls | NC4; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Jul 2032 (5.8 yrs) |
| Announced | 22 Sep 2026 |