Convertibles Calendar

JULY 14 WEEK

ALLOY INC. (Symbol: ALOY): Rule 144A; $60 million of 20-year convertible senior debentures, with $12 million greenshoe; price talk 4.875-5.375% yield, 25-30% initial conversion premium; noncallable for 5 years; puts in years 5, 10 and 15; 110% contingent conversion; dividend protection in the way of a conversion ratio adjustment; via lead manager Lehman Brothers; set to price after the close Thursday; proceeds for acquisitions, working capital, capital expenditures and general corporate purposes.

PEGASUS SOLUTIONS INC. (Symbol: PEGS): Rule 144A; $75 million of 20-year convertible senior notes, with $15 million greenshoe; price talk 3.375-3.875% yield, 35-40% initial conversion premium; noncallable for 5 years, with a put in year 5; 120% contingent conversion; via joint book-running lead managers Bear Stearns and JPMorgan; set to price after the close Tuesday; proceeds for working capital and other general corporate purposes.

RECENT SHELF FILINGS WITH THE SEC:

ENCORE ACQUISITION CO. (Symbol: EAC): $400 million shelf filed July 10 for senior debt securities, subordinated debt securities, preferred stock and common stock; securities may be issued as convertibles; Fort Worth, Texas independent energy company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1125057/000095013403009997/d07317sv3.txt

EQUITY ONE, INC. (Symbol: EQY): $755.03 million shelf filed July 9 for common stock, preferred stock, depositary shares, debt securities and warrants; includes $155.03 million previously registered but unsold; securities may be issued as convertibles; North Miami Beach, Fla. neighborhood shopping center real estate investment trust will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1042810/000104281003000107/form_s-3.txt

HILLENBRAND INDUSTRIES, INC. (Symbol: HB): $1 billion shelf filed July 14 for debt securities, preferred stock, depositary shares, common stock, warrants, securities purchase contracts and securities purchase units; securities may be issued as convertibles; Batesville, Ind. health care and funeral services company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/47518/000095013703003766/c78172sv3.htm

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