Convertibles Calendar: Encore Capital to price $125 million

MARCH 5

ENCORE CAPITAL GROUP INC. (Nasdaq: ECPG): $125 million of seven-year convertible senior notes; pricing after the market close Wednesday; talked 2.75%-3.25%, up 22.5%-27.5%; Rule 144A; $18.75 million greenshoe; joint bookrunners Morgan Stanley & Co. LLC, Barclays, Deutsche Bank Securities Inc. (active) Citigroup Global Markets Inc. and RBS Securities Inc. (passive); non-callable; capped call; settlement fully optional; proceeds to pay the cost of the capped call and for general corporate purposes, including working capital; San Diego-based specialty finance company.

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