Convertibles Calendar: ConMed on tap

June 1

CONMED CORP.:

• $600 million five-year convertible notes

• Greenshoe of $100 million

• Coupon of 2.25% to 2.75% and initial conversion premium of 27.5% to 32.5%

• Non-callable for three years and then subject to a 130% hurdle

• Rule 144A

• J.P. Morgan Securities LLC

• Repurchase or exchange for cash and shares a portion of the company’s 2.625% convertible notes due 2024, pay a portion of the cash consideration for its acquisition of In2Bones Global Inc. and repay a portion of debt under its credit facilities

• Largo, Fla.-based medical technology company

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