Convertibles Calendar: Clarivate, WisdomTree on tap

June 9

CLARIVATE PLC:

• $1.25 billion three-year series A mandatory convertible preferred stock

• $187.5 million greenshoe

• Dividend of 4.75% to 5.25% and initial conversion premium of 17.5% to 22.5%

• Citigroup Global Markets Inc., BofA Securities Inc., RBC Capital Markets LLC, Barclays, HSBC and J.P. Morgan Securities LLC

• Registered

• Concurrent secondary offering of $750 million in common stock; certain shareholders to sell additional $250 million

• Proceeds to finance a portion of the purchase price of ProQuest and for general corporate purposes

• London-based data and analytics company

WISDOMTREE INVESTMENTS INC.:

• $150 million five-year convertible notes

• Greenshoe of $22.5 million

• Coupon of 3% to 3.5% and initial conversion premium of 57.5% to 62.5%

• Oppenheimer & Co. Inc.

• Rule 144A

• Provisionally callable after June 20, 2023

• Proceeds to repurchase $30 million in common stock, for working capital and for general corporate purposes

• New York-based asset manager

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