Convertibles Calendar: Cardlytics on deck

March 26

CARDLYTICS INC.

• $150 million five-year convertible notes

• $2.5 million greenshoe on each tranche

• Coupon of 4% to 4.5% and initial conversion premium of 27.5% to 32.5%

• Rule 144A

• Evercore and BofA Securities Inc.

• Non-callable

• Putable upon a fundamental change

• Proceeds to repurchase for a cash a portion of the company’s outstanding 1% convertible notes due 2025 in privately negotiated transactions and for general corporate purposes

• Atlanta-based digital advertising platform

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