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Published on 10/12/2012 in the Prospect News Canadian Bonds Daily.

Canadian Bonds Calendar

October 15 week

MOOD MEDIA CORP. $350 million offering of eight-year senior notes; Credit Suisse Securities (USA) LLC, Jefferies & Co. joint bookrunners; Rule 144A and Regulation S for life notes become callable in three years at par plus 75% of the coupon; three-year 35% equity clawback and a 101% poison put; Toronto-based in-store music, visual and scent media specialist to use proceeds to repay existing debt under first-lien credit facility, to repay second-lien credit facility in its entirety, to finance Independence Media, Inc. acquisition and for general corporate purposes; roadshow began Oct. 8; expected to price during Oct. 15 week.

On The Horizon

FAIRFAX FINANCIAL HOLDINGS LTD.: C$200 million of 10-year senior notes; to yield 5.84%; syndicate of dealers led by BMO Capital Markets, CIBC World Markets, RBC Capital Markets, Scotiabank Global Banking and Markets and Bank of America Merrill Lynch, that includes TD Securities, Cormark Securities, Citi Global Markets Canada, GMP Securities, HSBC Securities, Canaccord Genuity and National Bank Financial; proceeds to augment cash position, increase short-term investments and marketable securities held at the holding company level, pay down debt and other corporate obligations and for general corporate purposes; short form prospectus; Toronto-based financial services holding company.

PETAQUILLA MINERALS LTD.: $210 million senior secured notes due 2017; (Caa1); Global Hunter Securities (sole); non-callable for two years; to refinance debt to finance capital expenditures related to the Lomero-Poyatos mine in Spain; Vancouver, B.C.-based Petaquilla Copper is a copper exploration company; re-launched with roadshow beginning Sept. 24; London roadshow started Oct. 1.

PTT EXPLORATION AND PRODUCTION PCL: Roadshow in Canada for potential bond offering; (Baa1/BBB+/); Scotia Capital Inc., HSBC Capital (Canada) Inc.; Bangkok-based PTT is a petroleum exploration and production company; roadshow held July 11-13.

TELSTRA CORP. LTD.: Informational roadshow in U.S. and Canadian bond markets; A2/A/A; RBC Capital Markets Corp. and Scotia Capital Inc.; Melbourne-based Telstra is Australia's leading telecommunications company; Canadian roadshow held Aug. 31.


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