Convertibles Calendar: RingCentral to price

February 28

RINGCENTRAL INC.

• $350 million of convertible notes due 2023

• $52.5 million greenshoe

• Price talk for a coupon of 0% to 0.5% and an initial conversion premium of 25% to 30%

• Pricing after the market close Wednesday

• Morgan Stanley & Co. LLC, Goldman Sachs & Co., Deutsche Bank Securities Inc. and BofA Merrill Lynch

• Rule 144A

• Cover the cost of the call spread, repurchase up to $35 million of company shares and for general corporate purposes

• Belmont, Calif.-based provider of SaaS for business communications

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