ConvertibleActive
2.5% Convertible Notes due 2027
ALTRA-Mar27
BTC Holdings
26.72 BTC
Total Debt
€2.90M
Leverage
136.7%
mNAV
9.41x
Outstanding
€900.00K
Issue date
2024-03-18
Principal
€900.00K
Coupon
2.50%
Maturity
2027-03-18
Conversion price
€1.5
- 300,000 OCs in 2 tranches: 150,000 on 2024-03-18, 150,000 on 2024-05-15
- BSA anti-dilutifs (anti-dilution warrants) attached
- Pre-split conversion price: €3/share (adjusted for 2-for-1 split Dec 2025)
Terms & Documentation
Terms
- BTC strategy
- No
- Settlement
- Shares
- Payment frequency
- Annual
- Payment dates
- Mar 18
- Rate type
- Fixed
- Use of proceeds
- Fintech product development and general corporate purposes
Sources(1)
- €900K Convertible Bond Is…Press Release€900K Convertible Bond Issue with Integra SABD Multimedia S.A. — 2024-03-19
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2024-05-15 | Issuance | €900.00K Tranche 2: 150,000 OCs at €3 | €900K Convertible Bond Is… |
| 2024-03-18 | Issuance | €450.00K Tranche 1: 150,000 OCs at €3 | €900K Convertible Bond Is… |
- 2024-05-15 — €900,000press_release — BD Multimedia S.A.Source
- 2024-03-18 — €450,000press_release — BD Multimedia S.A.Source