Convertibles Calendar: Aegean to price add-on; Southwestern Energy on tap

January 13

AEGEAN MARINE PETROLEUM NETWORK INC.:

• $40 million 4% convertible senior notes

• Maturity 2018

• Talked 111-113 offer price

• Registered

• Bookrunner Jefferies LLC

• Greenshoe of $6 million

• Non-callable until Nov. 1, 2016, then provisionally callable if shares exceed 140% of the conversion price

• Contingent conversion at 130%

• Dividend protection above $0.01 per quarter and change-of-control protection

• Contingent conversion and net share settlement

• Proceeds for general corporate purposes

• Athens-based marine fuel logistics company

• NYSE: ANW

January 14

SOUTHWESTERN ENERGY CO.:

• $1.3 billion mandatory convertible preferred shares

• Maturity 2018

• Talked 5.75%-6.25%, up 17.5%-22.5%

• Registered

• Joint bookrunners BofA Merrill Lynch, Citigroup Global Markets Inc., Wells Fargo Securities LLC and BNP Paribas Securities Corp.

• Non-callable for life, no puts

• Dividend and takeover protection

• Proceeds to repay borrowings under the company’s $4.5 billion bridge term loan facility associated with its Chesapeake acquisition

• Houston-based oil and gas exploration and development company

• NYSE: SWN

On The Horizon

INOTEK PHARMACEUTICALS CORP.:

• Convertible senior notes

• Maturity 2019

• Concurrent initial public offering of common stock

• Registered

• Non-callable for life

• Takeover and dividend protection

• Joint bookrunners Cowen & Co. LLC, Piper Jaffray & Co., Canaccord Genuity Inc. and Nomura Securities International Inc.

• Proceeds to fund the continued development of its pharmaceutical candidates and for other general corporate purposes, including repayment of borrowings under and the termination of existing notes payable agreements

• Beverly, Mass.-based development-stage pharmaceutical company

• Proposed Nasdaq listing: ITEK

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

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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