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Published on 11/28/2016 in the Prospect News Convertibles Daily.

Convertibles Calendar: Newpark, Wheeler in the market

Domestic Calendar

On The Horizon

NEWPARK RESOURCES INC.:

• $100 million of convertible senior notes due June 1, 2021

• Rule 144A offering

• Proceeds will be used to retire existing debt and for general corporate purposes.

•The Woodlands, Texas-based oilfield drilling services provider

• NYSE: NR

WHEELER REAL ESTATE INVESTMENT TRUST:

• $21.75 million add-on offering of 8.75% series D cumulative convertible preferred stock

• $3.25 million greenshoe

• Non-callable for five years

• Dividend step-up feature

• Of the proceeds, about $7.7 million will be used to repay the loan with Revere High Yield Fund LP. Remaining funds will be used for future acquisitions, for investments in properties and for general corporate purposes.

• Virginia Beach, Va.-based real estate investment trust

• Nasdaq: WHLR

International Calendar

On The Horizon

NANYA TECHNOLOGY CORP:

• $500 million of overseas convertible bonds

• Five-year paper with a 0% coupon

• Proceeds will be used for 20-nm process technology conversion.

• Taoyuan, Taiwan-based manufacturer and seller of dynamic random access memory (DRAM) products

• TPE: 2408


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