Convertibles Calendar: Northern Oil and Gas on tap

Oct. 11

NORTHERN OIL AND GAS:

• $350 million seven-year convertible notes

• $50 million greenshoe

• Coupon of 3.375% to 3.875% and initial conversion premium of 25% to 30%

• Non-callable until April 15, 2026 and then subject to a 130% hurdle

• Rule 144A

• Citigroup Global Markets Inc., Wells Fargo Securities LLC, RBC Capital Markets LLC

• To cover the cost of the call spread, to repurchase $25 million to $30 million of common stock and for general corporate purposes

• Minneapolis-based independent energy company investing in non-operating minority working and mineral interests in oil and gas properties

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