Convertibles Calendar: International Flavors, DocuSign on tap

Sept. 13:

DOCUSIGN INC.:

• $400 million five-year convertible notes

• Price talk for a coupon of 0.5% to 1% and initial conversion premium of 30% to 35%

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

• Rule 144A

• Greenshoe of $60 million

• Concurrent offering of 8,060,550 shares

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

• San Francisco-based electronic signature technology and digital transaction management services company

INTERNATIONAL FLAVORS & FRAGRANCES INC.:

• $750 million three-year $50-par tangible equity units

• Price talk for a coupon of 6% to 6.5% and initial conversion premium of 17.5% to 22.5%

• Morgan Stanley & Co. LLC, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC

• Registered

• Greenshoe of $75 million

• Concurrent $1.5 billion common stock offering

• Proceeds to help finance the merger with Frutarom Industries Ltd.

• New York-based producer of flavors and fragrances for household products, cosmetics and food and beverages

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