Convertibles Calendar: Sunnova Energy on tap

Aug. 16

SUNNOVA ENERGY INTERNATIONAL INC.:

• $500 million six-year convertible notes, upsized from $425 million

• $75 million greenshoe

• Tightened talk to a coupon of 2.375% to 2.625% and initial conversion premium of 27.5% to 30%; initial talk for coupon of 2.375% to 2.875% and initial conversion premium of 25% to 30%

• Rule 144A

• J.P. Morgan Securities LLC

• Cover the cost of the call spread and for general corporate purposes

• Houston-based solar and energy storage service provider

© 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.