Convertibles Calendar: HomeAway to price $350 million

March 25

HOMEAWAY, INC. (Nasdaq: AWAY): $350 million of five-year convertible senior notes; $52.5 million greenshoe; Rule 144A-eligible private placement; non-callable; talked to yield 0% to 0.5% with an initial conversion premium of 27.5% to 32.5%; via bookrunners J.P. Morgan Securities LLC and Deutsche Bank Securities Inc.; pricing late Tuesday; Austin, Texas-based online vacation rental marketplace; proceeds to pay cost of convertible note hedge transactions and for general corporate purposes.

ON THE HORIZON

SOLAZYME INC. (Nasdaq: SZYM): $100 million of five-year convertible senior subordinated notes; registered; concurrent offering of 5 million shares of common stock; price talk and timing not immediately available; $15 million greenshoe; via bookrunner Goldman Sachs & Co.; 750,000-share over-allotment option; non-callable, no puts; proceeds for capital expenditures, working capital and general corporate purposes; San Francisco-based producer of plant-based oils for use in the chemicals, fuels, nutrition, skin and personal care markets.

International Convertibles Calendar

ON THE HORIZON

UTTAM STRIPS LTD.: $200 million of 10-year convertible bonds; to yield 6%-8%; private placement via U.S.-based private equity fund Exhilway Global as sole agent for placing the bond; proceeds to repay Indian bank liabilities and for possible acquisitions; New Delhi-based metal home products manufacturer.

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