Convertibles Calendar: Super Micro Computer, Sunrun, Lyft on deck

Feb. 22

SUPER MICRO COMPUTER INC.

• $1.5 billion five-year convertible notes

• $225 million greenshoe

• Coupon of 0% to 0.5% and initial conversion premium of 35% to 40%

• Rule 144A

• Goldman Sachs & Co. LLC, BofA Securities Inc., J.P. Morgan Securities LLC and BMO Capital Markets Corp.

• Proceeds to cover the cost of the call spread and for general corporate purposes, including growth and business expansion

• San Jose, Calif.-based information technology company

SUNRUN INC.

• $475 million six-year convertible notes

• $75 million greenshoe

• Coupon of 3.5% to 4% and initial conversion premium of 27.5% to 32.5%

• Rule 144A

• Goldman Sachs & Co. LLC (lead left) and Morgan Stanley & Co. LLC

• Proceeds to cover the cost of the call spread and fund the repurchase of the 0% convertible notes due 2026 with remaining proceeds for the repayment of outstanding debt and for general corporate purposes

• San Francisco-based residential solar panel company

LYFT INC.

• $400 million five-year convertible notes

• $60 million greenshoe

• Coupon of 0.625% to 1.125% and initial conversion premium of 27.5% to 32.5%

• Rule 144A

• BofA Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, BMO Capital Markets Corp., KeyBanc Capital Markets Inc., RBC Capital Markets Corp. and TD Securities (USA) LLC

• Proceeds to cover the cost of the call spread, to fund the repurchase of the 1.5% convertible notes, to purchase up to $50 million in stock from the initial purchasers of the notes and for general corporate purposes

• San Francisco-based ridesharing company

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