Convertibles Calendar: Rapid7, NII Holdings on tap

Aug. 8:

RAPID7 INC.:

• $175 million in five-year convertible notes

• Price talk for a coupon of 0.75% to 1.25% and an initial conversion premium of 30% to 35%

• Barclays Capital Inc. and RBC Capital Markets

• Rule 144A

• Greenshoe of $26.5 million

• Non-callable

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

• Boston-based tech security operations company

On the horizon:

NII HOLDINGS INC.:

• $75 million in five-year convertible notes

• Rule 144A

• Greenshoe of $11.25 million

• Contingent conversion until Feb. 15, 2023

• Proceeds for general corporate purposes including funding the cash flow needs of Nextel Brazil

• Reston, Va.-based provider of mobile communications services in Brazil

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