ENR-A Energizer Holdings 7.50% Series A Mandatory Convertible Preferred

Dividends will be payable on a cumulative basis when at an annual rate of 7.50% of the liquidation preference of $100.00 per share. We may pay declared dividends in cash or, subject to certain limitations, in shares of our common stock, or in any combination of cash and shares of our common stock on January 15, April 15, July 15 and October 15 of each year, commencing on April 15, 2019 and ending on, and including, January 15, 2022. Each share will automatically convert on the second business day immediately following the last trading day of the Settlement Period into between 1.7892 and 2.1739 shares of our common stock, each subject to anti-dilution adjustments. The number of shares of our common stock issuable on conversion of the Mandatory Convertible Preferred Stock will be determined based on the Average VWAP per share of our common stock over the 20 consecutive trading day period (the “Settlement Period”) commencing on, and including, the 21st scheduled trading day immediately preceding January 15, 2022. At any time prior to January 15, 2022, holders may elect to convert each share of the Mandatory Convertible Preferred Stock into shares of common stock at the Minimum Conversion Rate of shares of our common stock per share of the Mandatory Convertible Preferred Stock. If you elect to convert any shares of the Mandatory Convertible Preferred Stock during a specified period beginning on the effective date of a Fundamental Change (as defined herein), such shares of the Mandatory Convertible Preferred Stock will be converted into shares of our common stock at the Fundamental Change Conversion Rate, and you will also be entitled to receive a Fundamental Change Dividend Make-whole Amount and Accumulated Dividend Amount.   This security was issued by Energizer Holdings Inc, whose common stock symbol is ENR.

$92.15  -0.46 (-0.50%)
As of 06/18/2021 16:00:02 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Convertible
GICS sector:  Consumer Staples
Industry:  Electrical Equipment & Parts
Index country:  USA
Country of incorporation:  USA
IPO date:  01/23/2019
Outstanding shares:  1,875,000
Average volume:  10,740
Market cap:   $172,781,250
Current dividend yield:  8.14%    calculation
Coupon rate:    7.500%
Cumulative:    Yes
Liquidation value:   $100.00
Callable after:   01/15/2022
Maturity date:    01/15/2022
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    29272W2089US29272W208
ISIN:        US29272W2089
Sedol:      BHPRLT0

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