Convertibles Calendar: Shockwave Medical on tap

Aug. 10:

SHOCKWAVE MEDICAL INC.

• $500 million five-year convertible notes

• $75 million greenshoe

• Coupon of 1% to 1.5% and an initial conversion premium of 25% to 30%

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

• Rule 144A

• BofA Securities, Inc.

• Proceeds to cover the cost of the call spread and for general corporate purposes

• Santa Clara, Calif.-based medical device developer

© 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.