Convertibles Calendar

APRIL 5 WEEK

ALLIED WASTE INDUSTRIES INC. (Symbol: AW): off-the-shelf; $200 million of 30-year senior subordinated convertible debentures, with $30 million greenshoe; rated B3 by Moody's; noncallable for 5 years; puts in years 7, 10, 15, 20 and 25; 125% contingent conversion trigger; 125% contingent payment trigger; proceeds, together with new $250 million of seven-year senior notes and $400 million of 10-year senior unsecured notes plus a new $150 million term loan, to fund tender for $1 billion of the outstanding $1.4 billion of 10% guaranteed senior subordinated global notes due 2009; convertible joint bookrunners are JPMorgan Securities Inc. and Citigroup; scheduled to price after the market close Wednesday.

DECODE GENETICS INC. (Symbol: DCGN): Rule 144A; launched $100 million of seven-year convertible senior notes, with $25 million greenshoe; price talk of 3.5-4.0% yield, 30-35% initial conversion premium; non-callable for five years; full dividend protection; Reykjavik, Iceland-based Decode is a genetics company to use proceeds principally for advancing its drug and diagnostic development programs, as well as for general corporate purposes; via joint bookrunners J.P. Morgan and Lehman Brothers; pricing scheduled after the market close Wednesday.

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:

AMEREN CORP. (Symbol: AEE): $2 billion shelf filed April 7 for common stock, debt securities, stock purchase contracts, stock purchase units and trust preferreds; securities may be issued as convertibles; St. Louis electric and gas utility holding company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1002910/000104746904011218/a2132905zs-3.htm

COUNTRYWIDE FINANCIAL CORP. (Symbol: CFC): $15 billion shelf filed April 7 for common stock, preferred stock, stock purchase contracts, stock purchase units and debt securities; securities may be issued as convertibles; includes $127 million previously registered but unsold; Calabasas, Calif. financial services company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/814509/000095012904001959/v97764orsv3.txt

GLOWPOINT, INC. (Symbol: GLOW): $100 million shelf filed April 2 for common stock, preferred stock, debt securities or warrants; securities may be issued as convertibles; Hillside, N.J. will use proceeds for working capital and general corporate purposes.

http://www.sec.gov/Archives/edgar/data/746210/000095013604001062/file001.htm

HRPT PROPERTIES TRUST (Symbol: HRP): $2.7 billion shelf filed April 7 for common shares, preferred shares, depositary shares, debt securities and warrants; securities may be issued as convertibles; includes $669 million previously registered but unsold; Newton, Mass. office and industrial real estate investment trust will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/803649/000090873704000333/s3.htm

ISTAR FINANCIAL INC. (Symbol: SFI): $1.75 billion shelf filed April 1 for common stock, preferred stock, depositary shares, debt securities and 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

LODGENET ENTERTAINMENT CORP. (Symbol: LNET): $225 million shelf filed April 5 for debt securities, preferred stock, common stock, depositary shares, warrants or units; securities may be issued as convertibles; includes $25 million previously registered but unsold; Sioux Falls, S.D. provider of interactive television and broadband will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/911002/000095013404004679/c84229s3sv3.htm

PERRY ELLIS INTERNATIONAL, INC. (Symbol: PERY): $120 million shelf filed April 2 for common stock, preferred stock, debt securities and warrants; securities may be issued as convertibles; Miami apparel company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1270543/000119312504056368/ds3.htm

TRANSWITCH CORP. (Symbol: TXCC): $60 million shelf filed April 6 for common stock, preferred stock, subordinated debt securities, senior debt securities and warrants; securities may be issued as convertibles; Shelton, Conn. designer of communications semiconductors will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/944739/000119312504057778/ds3.htm

XM SATELLITE RADIO HOLDINGS INC. (Symbol: XMSR): $500 million shelf filed April 2 for common stock, debt securities, depositary shares, preferred stock, rights and warrants; securities may be issued as convertibles; Washington, D.C. satellite radio company will use proceeds for capital expenditures and general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1091530/000119312504056397/ds3.htm

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