Preferred Stock Calendar: Del Monte deal added back to pipeline

On The Horizon

BLUEROCK RESIDENTIAL GROWTH REIT INC.:

• $150 million of preferred stock units

• Each unit will hold one share of 6% $1,000-par series B redeemable preferred stock and one warrant equal to 20 shares of class A common stock

• Bluerock Capital Markets Inc. (dealer manager)

• Dividends payable monthly

• Holders can require a redemption at par plus accrued dividends, less a redemption fee on a sliding scale basis

• Company can redeem preferreds after three years

• Exercise price on warrants equal to current market price plus a 20% premium

• Proceeds will be used for future investments and acquisitions and for other general corporate and working capital purposes, which may include capital expenditures.

• New York-based real estate investment trust

DEL MONTE PACIFIC LTD.:

• $360 million cumulative perpetual preferred stock

• Non-voting, non-participating and non-convertible

• BDO Capital & Investment Corp. (issue manager, lead underwriter and bookrunner)

• Price per share a maximum of $10.00

• Proceeds will be used to refinance a $350 million bridge loan with BDO Unibank Inc.

• Philippines-based fruit company

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