Other DebtExpired
May 2024 Senior Notes
EMPD-May25
$4.91▲ 0.41%
BTC Holdings
2,914 BTC
Total Debt
$50.00M
Leverage
13.3%
mNAV
0.63x
Outstanding
$0.00
Issue date
2024-05-22
Principal
$2.94M
Coupon
0.00%
Maturity
2025-05-22
Conversion price
—
- 15% original issue discount; 10% default interest rate
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Prepayment
- 30% of proceeds from any equity or debt offering while notes outstanding must be used to repay principal
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2025-05-22 | Maturity | $0.00 Auto-zeroed at maturity |
| 2024-05-22 | Issuance | $2.94M |
- 2025-05-22 — $0
- 2024-05-22 — $2,942,170Note 10 — May 2024 Senior Notes