Convertibles Calendar: RightNow to price $125 million

NOVEMBER 15

KAMAN CORP. (Nasdaq: KAMN): $75 million of seven-year convertible notes; after the market close Monday; to yield 3.25%-3.75%, up 25%-30%; Rule 144A; $11.25 million greenshoe; seven-year notes, with no calls or puts; have standard cash takeover protection; contingent conversion subject to shares being 130% of the conversion price; joint bookrunners Bank of America Merrill Lynch and RBS Securities; proceeds to pay down borrowings and for general corporate purposes, including future acquisitions and potential pension contributions; concurrent hedge and warrant transactions; Bloomfield, Conn.-based aerospace and industrial distribution company.

NOVEMBER 16

RIGHTNOW TECHNOLOGIES INC. (Nasdaq: RNOW): $125 million of 20-year convertibles; after the close of markets on Tuesday; talked to yield 2%-2.5%, up 23%-27%; Rule 144A; $25 million greenshoe; Credit Suisse is books, JMP Securities is co-lead manager; non-callable until Nov. 20, 2015; puts in years five, 10, and 15; proceeds for general corporate purposes, including possible acquisitions; Bozeman, Mont.-based software company.

NOVEMBER 17

GENERAL MOTORS CO.: (NYSE: GM): $4 billion of series B mandatory convertible junior preferred stock; $50 per share; talked with dividend of 4.75% to 5.25%, up 20%; 15% greenshoe; registered deal; concurrent IPO; after the market close on Nov. 17; three-year, non-callable paper; full dividend and takeover protection; via Morgan Stanley & Co. Inc., J.P. Morgan Securities LLC, Bank of America Merrill Lynch, Citigroup Global Markets Inc., Goldman Sachs & Co., Barclays Capital Inc., Credit Suisse Securities, Deutsche Bank Securities Inc. and RBC Capital Markets Corp.; Detroit-based automaker.

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