Convertibles Calendar: Wix.com on tap

June 21

WIX.COM LTD.:

• $350 million five-year convertible notes

• Price talk for a coupon of 0% to 0.5% and an initial conversion premium of 30% to 35%

• J.P. Morgan Securities LLC and BofA Merrill Lynch

• Greenshoe $52.5 million

• Rule 144A

• Non-callable

• Contingent conversion until Jan. 1, 2023

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

• New York-based web development platform

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