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Convertible Senior Notes (CAFLLCNOTE) - PumpCompassion Advisors Convertible Senior Notes. Compassion Advisors FZ LLC announced today that it intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of 0,00% Convertible Senior Notes due 2031 (the "notes") in a private offering (the "offering") to persons reasonable believed to be qualified institutional buyers. Compassion Advisors FZ LLC also intends to grant the initial purchasers of the notes an option to purchase, within a 33-days period, beginning on, and including, the date on which the notes are first issued, up to an additional $385 million aggregate principal amount of notes. The notes will be general unsecured obligations of Compassion Advisors FZ LLC, will not bear regular interest and the principal amount will not accrete. The notes will mature on 01.April 2031, unless earlier converted, redeemed or repurchased. Upon conversion, Compassion Advisors will pay cash. The initial conversion rate, repurchase or redemption rights and other terms of the notes will be determined at the time of pricing of the offering. Compassion Advisors FZ LLC expects to use the net proceeds from the offering for general corporate purposes, including the acquisition of Compassion Finance assets in a manner consistent with the Truehn Standard´s Investment Policy.
