Convertibles Calendar: Teekay to price

Jan. 24 pre-market

TEEKAY CORP.

• $100 million of convertible notes due 2023

• $15 million over-allotment option

• Coupon of 4.75% to 5.25% and initial conversion premium of 17.5% to 22.5%

• JPMorgan and Morgan Stanley

• Proceeds will be used for the repayment of debt and for general corporate purposes

• Hamilton, Bermuda-based provider of marine services to the oil and gas industry

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