E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/11/2012 in the Prospect News Convertibles Daily.

Convertibles Calendar

On the Horizon

UNITED TECHNOLOGIES CORP. (NYSE: UTX): $1.5 billion of mandatory convertibles; to fund proposed acquisition of Goodrich Corp.; Hartford, Conn.-based technology and services provider to the building and aerospace industries.

International

On the Horizon

ATLANTIC POWER CORP. (NYSE: AT, Toronto APC): up to C$125 million of convertible unsecured subordinated debentures; concurrently with common stock offering; proceeds to fund its equity commitment in Canadian Hills, remaining proceeds to fund growth and for general corporate purposes; British Columbia-incorporated, Boston-headquartered independent power producer.

TRANSEURO ENERGY CORP. (Norway: TSU): NOK 60 million to NOK 90 million three-year convertible bonds; to yield 12%; set initial conversion price of NOK 0.85; via bookrunner Fondsfinans ASA; Regulation S; Transeuro is also negotiating a second funding facility of about C$20 million; proceeds are for general corporate purposes and to ensure the company can develop up to seven of its existing wells in the next 12 months, including three wells in Ukraine and up to four wells in Canada; oil and natural gas company based in Vancouver, B.C.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.