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Published on 6/6/2018 in the Prospect News Convertibles Daily.

Convertibles Calendar: Vishay Intertechnology on tap

June 7

VISHAY INTERTECHNOLOGY INC.:

• $525 million seven-year convertible senior notes

• Price talk for coupon of 2.5% to 3% and initial conversion premium of 22.5% to 27.5%

• J.P. Morgan Securities LLC

• Rule 144A

• Greenshoe of $75 million

• Non-callable

• Proceeds to repurchase a portion of the company’s outstanding convertible debentures due 2040, 2041 and 2042

• Malven, Pa.-based manufacturer of semiconductors

MINDBODY INC.:

• $200 million five-year convertible senior notes

• Price talk for coupon of 0.125% to 0.625% and initial conversion premium of 27.5% to 32.5%

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

• Rule 144A

• Greenshoe of $30 million

• Proceeds to cover the cost of the call spread and for general corporate purposes

• San Luis Obispo, Calif.-based technology platform for fitness, wellness and beauty services


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