Other DebtExpired
8.75% Senior Notes due 2026
ARBKL-Nov26
$3.60▲ 10.43%
BTC Holdings
0.475 BTC
Total Debt
$438.00K
Leverage
0.0%
mNAV
1381.03x
Outstanding
$0.00
Issue date
2021-11-17
Principal
$40.00M
Coupon
8.75%
Maturity
2026-11-30
Conversion price
—
- Listed on Nasdaq as ARBKL
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior unsecured
- Payment frequency
- Quarterly
- Payment dates
- Jan 31, Apr 30, Jul 31, Oct 31
- Rate type
- Fixed
- Prepayment
- On/after Nov 30 2023: 102% of par; on/after Nov 30 2024: 101%; on/after Nov 30 2025: 100%. Change of control: 100.5% of par
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2025-12-15 | Redemption | $0.00 Mandatorily exchanged into 1,335,980 ADSs (~10% post-restructuring equity) per court-sanctioned restructuring plan |
| 2021-11-17 | Issuance | $40.00M |
- 2025-12-15 — $0
- 2021-11-17 — $40,000,000