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Published on 12/1/2021 in the Prospect News Convertibles Daily.

Convertibles Calendar: Lithium Americas on tap

Dec. 1

LITHIUM AMERICAS CORP.:

• $225 million five-year convertible notes

• Greenshoe of $33.75 million

• Coupon of 1.75% to 2.25% and initial conversion premium of 30% to 35%

• Deutsche Bank Securities Inc. and Clarksons Platou Securities AS

• Non-callable until Dec. 6, 2024 and then subject to a 130% hurdle

• Rule 144A and Regulation S

• Proceeds to repay debt and for general corporate purposes

• Vancouver, B.C.-based lithium development company


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