Glossary

Conversion premium

How far the conversion price is set above the share price when a convertible is priced.

Example. AST SpaceMobile's 2026 notes were priced at a 20% premium.

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.

Working on a financing like this? Book 20 minutes with Randeep to see how it compares.