Convertibles Calendar: DexCom on tap

May 2

DEXCOM INC.

• Upsized $1.1 billion, from $1 billion, five-year convertible notes

• Upsized $150 million, from $100 million, greenshoe

• Coupon of 0.25% to 0.5% and initial conversion premium of 37.5% to 42.5%

• Non-callable until May 20, 2026 and then subject to a 130% hurdle

• Rule 144A

• J.P. Morgan Securities LLC and BofA Securities Inc.

• Proceeds to cover the cost of the call spread, to repurchase up to $250 million shares of common stock in privately negotiated transactions and for general corporate purposes

• San Diego-based medical device company

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