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Published on 1/6/2015 in the Prospect News Convertibles Daily.

Convertibles Calendar: Medicines to price $300 million; Resource Capital on tap

January 7

MEDICINES CO.:

• $300 million convertible senior notes

• Maturity 2022

• Rule 144A

• Non-callable for life

• Joint bookrunners Goldman Sachs & Co., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC

• Parsippany, N.J.-based developer of products that improve specialized care

• Nasdaq: MDCO

RESOURCE CAPITAL CORP.:

• $100 million convertible senior notes

• Maturity 2020

• Registered

• Non-callable for life

• Takeover and dividend protection

• Joint bookrunners Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC

• Co-managers Keefe Bruyette & Woods Inc., JMP Securities LLC and MLV & Co LLC

• Proceeds for general corporate purposes, including acquisitions, loan originations and working capital

• New York-based specialty finance company focused on commercial loans

• NYSE: RSO

On The Horizon

INOTEK PHARMACEUTICALS CORP.:

• Convertible senior notes

• Maturity 2019

• Concurrent initial public offering of common stock

• Registered

• Non-callable for life

• Takeover and dividend protection

• Joint bookrunners Cowen & Co. LLC, Piper Jaffray & Co., Canaccord Genuity Inc. and Nomura Securities International Inc.

• Proceeds to fund the continued development of its pharmaceutical candidates and for other general corporate purposes, including repayment of borrowings under and the termination of existing notes payable agreements

• Beverly, Mass.-based development-stage pharmaceutical company

• Proposed Nasdaq listing: ITEK

CARNIVAL GROUP INTERNATIONAL HOLDING LTD.:

• Unsecured senior convertible bonds

• Bookrunner Deutsche Bank AG, Hong Kong Branch

• Regulation S

• Concurrent equity swap with Deutsche Bank AG, London Branch as equity swap counterparty

• Proceeds to fund existing and new projects; entry into the equity swap; and for working capital and other general corporate purposes

• Bermuda-based investment holding company engaged in leisure and consumption businesses

• Hong Kong: 00996

PLATFORM SPECIALTY PRODUCTS CORP.:

• Convertible securities as part of a funding package of cash, convertibles, debt and equity

• Proceeds to fund $3.51 billion acquisition of Arysta LifeScience Ltd., a Tokyo-based provider of agrochemical and biological products

• Barclays, Credit Suisse Securities (USA) LLC, Nomura Securities International LLC and UBS AG acted as M&A advisers and have committed financing for the acquisition

• Anticipated closing in first quarter 2015

• Miami-based specialty chemicals company

• NYSE: PAH


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