Convertibles Calendar: Nabors, WisdomTree on tap

Feb. 9

NABORS INDUSTRIES LTD.

• $200 million long six-year exchangeable notes via subsidiary Nabors Industries, Inc.

• $30 million greenshoe

• Coupon of 1.5% to 2% and initial exchange premium of 20% to 25%

• Non-callable for 3.5 years and then subject to a 130% hurdle

• Rule 144A

• Goldman Sachs & Co. LLC, Wells Fargo Securities LLC, Morgan Stanley & Co. LLC, Citigroup Global Markets Inc. and HSBC Securities (USA) Inc.

• Redeem its 9% senior priority guaranteed notes due 2025 and for general corporate purposes

• Hamilton, Bermuda-based oil and gas drilling contractor

WISDOMTREE INC.

• $130 million long five-year convertible notes

• $20 million greenshoe

• Coupon of 5.625% to 6% and fixed initial conversion premium of 60%

• Non-callable until Aug. 20, 2025 and then subject to certain conditions

• Rule 144A

• Oppenheimer& Co. Inc.

• Repurchase $115 million in principal of its 4.25% convertible notes due June 15, 2023 and for general corporate purposes

• New York-based global financial company offering a range of exchange-traded products

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