Price band limits require capped spreads and mandated pre-bid disclosure and website filing before prospectus is filed. Issuers may state a price or price band and determine the final price before filing the prospectus; the filed prospectus must contain only one price or specific coupon rate. The cap on the price band and coupon rate for convertible debt are limited relative to the floor price, and the floor or final price cannot be below face value. Issuers must announce the floor price or price band at least two working days before bid opening, include financial ratios for both ends of the band, and publish these disclosures on stock exchange websites and in pre-filled application forms.