| Issuer / Guarantor | CIG Shanghai |
|---|---|
| Size | CNY 3688mn |
| Type | Convertible |
| Leads | Guotai Junan Securities, BoA, Citigroup |
| Maturity | 12 Oct 2027 (1 years) |
| Coupon | 0% |
| Premium | 20 - 30% |
| Calls | @ 100% from Apr 2027 (0.5 yrs); 130% trigger |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | c/t ratchet |
| CoCo | None |
| Announced | 07 Oct 2026 |