Delta Air Lines Inc.
Coupon p.a.: 10.93%Strike: 52.56 USDUSDLow StrikeMaturity: 01/03/2027
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USD Nominal
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USD Nominal
Spread
Delta Air Lines Inc.: 63.43 USD|Last Update:
Spread
Delta Air Lines Inc.: 63.43 USD|Last Update:
Coupon (Coupon p.a.) | 10.9907% (10.93%) |
Next Coupon Payment | 10.99% (08/03/2027) |
Next Coupon Ex-Date | – |
Yield Max | 14.20% |
Yield Max p.a. | 14.40% |
Distance to Strike | -17.16% |
Initial Reference Price | 65.70 USD |
Low Strike | 52.56 USD (80.00%) |
Ratio | 19.02588 |
Reverse convertibles are structured products that perform particularly well in sideways or slightly down markets. Due to the fixed coupon, a positive return can be achieved even in such markets. However, the upside potential is limited to the coupon.