Convertibles Calendar: Anacor Pharmaceuticals to price $70 million

October 9

ANACOR PHARMACEUTICALS INC:

• $70 million convertible senior notes

• $7 million greenshoe

• Concurrent placement of $12 million of notes

• Maturing 2021

• Price talk 2.5%-3%, up 30%-35%

• Bookrunner Goldman Sachs & Co.

• Rule 144A

• Non-callable until Oct. 18, 2018, then provisionally callable at 130%

• Proceeds to prepay outstanding debt under its loan and security agreement, with remaining proceeds for general corporate purposes.

• Palo Alto, Calif.-based biopharmaceutical company

• Nasdaq: ANAC

On The Horizon

CARNIVAL GROUP INTERNATIONAL HOLDING LTD.:

• Unsecured senior convertible bonds

• Bookrunner Deutsche Bank AG, Hong Kong Branch

• Regulation S

• Concurrent equity swap with Deutsche Bank AG, London Branch as equity swap counterparty

• Proceeds to fund existing and new projects; entry into the equity swap; and for working capital and other general corporate purposes

• Bermuda-based investment holding company engaged in leisure and consumption businesses

• Hong Kong: 00996

SB FINANCIAL GROUP INC.:

• $10 million to $15 million of convertible preferred shares

• Managed by Keefe Bruyette & Woods Inc.

• Registered

• Can be converted to common stock after five years

• Proceeds to redeem a portion of the company’s junior subordinated debentures underlying the trust preferred securities issued by the company’s RST I subsidiary and for general corporate purposes

• Defiance, Ohio-based community banking, mortgage banking, wealth management services company

• Nasdaq: SBFG

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