Convertibles Calendar: FTI Consulting on tap

Aug. 15:

FTI CONSULTING INC.:

• $250 million of five-year convertible notes

• Price talk for a coupon of 1.5% to 2% and an initial conversion premium of 30% to 35%

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

• Rule 144A

• Greenshoe of $37.5 million

• Non-callable

• Proceeds to redeem the outstanding $300 million of the company’s 6% convertible notes due 2022 and repurchase up to $25 million of common stock from purchasers of the convertible notes

• Washington D.C.-based global business advisory firm

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