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Convertibles Calendar: Greenbrier on tap
April 15
GREENBRIER COS. INC.:
•$325 million seven-year convertible notes, upsized from $275 million
• Greenshoe of $48.75 million, upsized from $41.25 million
• Coupon of 2.375% to 2.875% and threshold appreciation premium of 30% to 35%
• Rule 144A
• BofA Securities Inc. and Goldman Sachs & Co. LLC
• Non-callable for four years and then subject to a 130% hurdle
• Proceeds to fund the repurchase of its 2.875% convertible notes due 2024, to repurchase up to $20 million of its common stock, and for general corporate purposes
• Lake Oswego, Ore.-based supplier of equipment and services to the global freight transportation markets
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