Glossary

Capped call

Options an issuer buys when it sells a convertible, which offset dilution between the conversion price and a higher cap price.

Example. Rocket Lab's 2024 capped calls lifted its effective conversion price to US$8.04.

Randeep Bubbra | Lawyer | Making space financeable

InfraOrbit Weekly

The week in space finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing satellite operators, launch and space infrastructure. By Randeep Bubbra.

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