Convertibles Calendar: Bloom Energy on tap

May 11

BLOOM ENERGY CORP.

• $500 million five-year green convertible notes

• $75 million greenshoe

• Coupon of 2.75% to 3.25% and initial conversion premium of 37.5% to 42.5%

• Non-callable until June 5, 2026 and then subject to a 130% hurdle

• Rule 144A

• J.P. Morgan Securities LLC (lead left) and Morgan Stanley & Co. LLC

• Proceeds to cover the cost of the call spread, to redeem the $57,645,000 outstanding principal of its 10.25% senior secured notes due 2027 at 104 and for general corporate purposes.

• San Jose, Calif.-based solid oxide fuel cell manufacturer

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