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Published on 4/1/2004 in the Prospect News Convertibles Daily.

Convertibles Calendar

ON THE HORIZON

ADVANCED SEMICONDUCTOR ENGINEERING INC.: (Symbol: ASX): $135 million of five-year convertible notes, with a $15 million greenshoe; via lead manager Goldman Sachs International; the Taiwanese semiconductor testing firm also plans to sell 60 million American Depositary Shares, which will each represent five ordinary shares with a par value of NT$10 each; timing will be as soon as the registration statement at the Securities and Exchange Commission becomes effective.

http://www.sec.gov/Archives/edgar/data/1122411/000119312503094347/df3.htm

ALBERTSON'S INC. (Symbol: ABS): $1.15 billion of mandatory convertible equity units plus $1.15 billion of common stock; proceeds to finance $2.1 billion cash portion of $2.5 billion acquisition of Shaw's stores from J Sainsbury plc, or commercial paper borrowings used to fund the purchase; via lead manager Banc of America Securities.

http://www.sec.gov/Archives/edgar/data/3333/000095015204002340/l05572sv3.htm

CONSECO INC. (Symbol: CNO): $350 million of mandatory convertibles and $800 million of common stock; proceeds to take out its $859.7 million of 10.5% step-up payable-in-kind convertible preferreds, repay debt under its senior credit facility, which matures in 2009 and currently has a weighted average interest rate of 7.8%, contribute capital to insurance subsidiaries and general corporate purposes; joint bookrunners of the mandatory offering are Goldman Sachs & Co. and Morgan Stanley with JPMorgan in the syndicate; joint bookrunners of the stock offering are Goldman Sachs & Co. and Morgan Stanley with Banc of America Securities in the syndicate.

http://www.sec.gov/Archives/edgar/data/1224608/000095013704000416/c82126sv1.txt

GENWORTH FINANCIAL INC. (Symbol: GNW proposed): $600 million mandatory convertible, or equity units, with $25 par; part of General Electric Co.'s spin-off of its insurance unit Genworth Financial Inc., which would divest 30% of GE's ownership with the remaining to be sold later; GE plans to use proceeds to invest in growth initiatives and reduce parent-supported debt at GE Capital Corp.; joint lead managers are Morgan Stanley and Goldman Sachs & Co.; offerings to be completed by the end of June.

RECENT SHELF FILINGS WITH THE SEC:

BRE PROPERTIES, INC. (Symbol: BRE): $700 million shelf filed March 31 for debt securities, preferred stock and common stock; securities may be issued as convertibles; San Francisco multi-family real estate investment trust will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1011174/000119312504054814/ds3.htm

CARRAMERICA REALTY CORP. (Symbol: CRE): $1 billion shelf filed March 30 for common stock, debt securities and warrants; securities may be issued as convertibles; Washington, D.C. office real estate investment trust will use proceeds for general business purposes.

http://www.sec.gov/Archives/edgar/data/893577/000119312504054080/ds3.htm

CURTISS-WRIGHT CORP. (Symbol: CW): $300 million shelf filed March 26 for debt securities, preferred stock, common stock, class B common stock, warrants, stock purchase contracts and stock purchase units; securities may be issued as convertibles; Roseland, N.J. manufacturer of motion control, flow control and metal treatment products will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/26324/000095011704001135/a37354.htm

ISTAR FINANCIAL INC. (Symbol: SFI): $1.75 billion shelf filed April 1 for common stock, preferred stock, depositary shares, debt securities, warrants; includes $104 million previously registered but unsold; securities may be issued as convertibles; New York commercial real estate finance company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1095651/000104746904010300/a2129234zs-3.htm

WEBSTER FINANCIAL CORP. (Symbol: WBS): $750 million shelf filed March 31 for debt securities, common stock, preferred stock, depositary shares, purchase contracts, units, warrants and trust preferreds; securities may be issued as convertibles; Waterbury, Conn. federal savings bank holding company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1278944/000095012304004077/y95717sv3.htm

WYNN RESORTS, LTD. (Symbol: WYNN): $1 billion shelf filed March 30 for common stock, preferred stock, depositary shares and debt securities; securities may be issued as convertibles; Las Vegas gaming company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1174922/000119312504052900/ds3.htm


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