Convertibles Calendar: NorthStar plans $300 million of exchangeables

June 25

NORTHSTAR REALTY FINANCE CORP.:

• $300 million exchangeable into NorthStar Realty Europe

• Maturity December 2016

• Talked 4%-4.5%

• $60 million greenshoe

• Rule 144A

• Proceeds for general corporate purposes, which may include, funding acquisitions, including additional European commercial real estate and other assets and repayment of NorthStar Realty Finance debt, including amounts outstanding under its corporate revolving credit facility

• Bookrunner Deutsche Bank Securities Inc.

• New York-based commercial real estate company

• NYSE: NRF

International Calendar

On The Horizon

LIDA GROUP HOLDINGS CO. INC.:

• ¥30 billion five-year convertibles

• Issued at 100.5% of par

• Reoffered at 103% of par

• 0% coupon, up 25%-35%

• Regulation S

• Proceeds to fund inter-company loans

• Non-callable with no puts

• Tokyo-based holding company focused on the real estate business

• Tokyo: 3291

CARNIVAL GROUP INTERNATIONAL HOLDING LTD.:

• Unsecured senior convertible bonds

• Bookrunner Deutsche Bank AG, Hong Kong Branch

• Regulation S

• Concurrent equity swap with Deutsche Bank AG, London Branch as equity swap counterparty

• Proceeds to fund existing and new projects; entry into the equity swap; and for working capital and other general corporate purposes

• Bermuda-based investment holding company engaged in leisure and consumption businesses

• Hong Kong: 00996

© 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.