Convertibles Calendar

ON THE HORIZON

UNITED STATES STEEL CORP. (Symbol: X): up to $650 million combination of debt, including convertibles, to help pay for purchase of National Steel Corp.; of the $950 million total transaction, of which $200 million is assumed liabilities, $650 million is to be financed from securities issuance, bank borrowings and cash; the Pittsburgh steelmaker did not disclose how it would be broken down; the purchase is expected to close during second quarter.

RECENT SHELF FILINGS

CONTELLATION ENERGY GROUP, INC. (Symbol: CEG): $2 billion shelf filed Jan. 24 for unsecured debt securities, common stock, preferred stock, warrants, stock purchase contracts and units; securities may be issued as convertibles; Baltimore energy company will use proceeds in its merchant energy business for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1004440/000092838503000120/ds3.txt

INTERNATIONAL BUSINESS MACHINES CORP. (Symbol: IBM): $20 billion shelf filed Jan. 21 for debt securities, preferred stock, depositary shares, capital stock and warrants; securities may be issued as convertibles; Armonk, N.Y. information technology company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/51143/000104746903001833/a2100738zs-3.txt

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