| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Calendar > Headlines for 2018 > News item |
Convertibles Calendar: K2M Group Holdings, Canopy Growth on tap
June 14 (pre-open)
K2M GROUP HOLDINGS, INC.:
$65 million seven-year convertible senior notes
Price talk for a coupon of 2.625% to 3.125% and an initial conversion premium of 20% to 25%
J.P. Morgan Securities LLC
Rule 144A
Greenshoe of $10 million
Non-callable for three years then subject to a 130% hurdle
Proceeds to pay down $18 million of the companys ABL credit facility and for general corporate purposes
Leesburg, Va.-based medical device company focused on treating spinal pathologies
June 14 (post-close)
CANOPY GROWTH CORP.:
C$400 million five-year convertible senior notes
Price talk for a coupon of 4.25% to 4.75% and an initial conversion premium of 20% to 25%
Cowen Group and BMO Capital Markets Corp.
Rule 144A/ Regulation S
Greenshoe of C$60 million
Non-callable for three years then subject to a 130% hurdle
Proceeds to support business expansion and for general corporate purposes
Smiths Falls, Ont.-based medical and recreational marijuana company
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.