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Published on 11/5/2014 in the Prospect News Convertibles Daily.

Convertibles Calendar: LinkedIn to sell $1.15 billion of convertibles

November 5

LINKEDIN CORP.:

• $1.15 billion of convertible senior notes

• $172.5 million greenshoe

• Matures 2019

• Coupon talk 0%-0.5%

• Premium talk revised lower to 35%-40%, from 40%-45%

• Rule 144A

• Non-callable, with no puts

• Takeover and dividend protection

• Concurrent call spread

• Joint bookrunners Goldman Sachs & Co., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC

• Co-manager Allen & Co.

• Proceeds for general corporate purposes and to pay the net cost of a call spread

• Mountain View, Calif.-based business-oriented social networking service

On The Horizon

AMERICAN ENERGY PERMIAN HOLDINGS LLC:

• $800 million of exchangeables due 2022

• Rule 144A

• Affiliate of American Energy – Permian Basin LLC and American Energy Partners LP

• Joint bookrunners Credit Suisse Securities (USA) LLC, Goldman Sachs & Co., Jefferies & Co. and Morgan Stanley & Co. LLC

• Proceeds to fund pending acquisitions, to accelerate development drilling, to pay related fees, to repay all outstanding borrowings under its revolving credit facility and for general corporate purposes.

• Oklahoma City-based energy company involved in onshore unconventional resource plays

FIAT CHRYSLER AUTOMOBILES NV:

• $2.5 billion of mandatory convertibles

• Concurrent with common stock

• Registered

• Pricing by year-end

• In conjunction with IPO of Fiat SpA

• London-based Italian and U.S. automaker

• Nasdaq: FCAU

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

PLATFORM SPECIALTY PRODUCTS CORP.:

• Convertible securities as part of a funding package of cash, convertibles, debt and equity

• Proceeds to fund $3.51 billion acquisition of Arysta LifeScience Ltd., a Tokyo-based provider of agrochemical and biological products

• Barclays, Credit Suisse Securities (USA) LLC, Nomura Securities International LLC and UBS AG acted as M&A advisers and have committed financing for the acquisition

• Anticipated closing in first quarter 2015

• Miami-based specialty chemicals company

• NYSE: PAH


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