Convertibles Calendar: Omeros on tap

Nov. 9 (pre-open)

OMEROS CORP.:

• $210 million five-year convertible notes

• Price talk for a fixed coupon of 6.25% and an initial conversion premium of 20% to 25%

• Cantor Fitzgerald & Co.

• Rule 144A

• Greenshoe of $40 million

• Non-callable for one year then subject to a 150% hurdle

• Proceeds to cover the cost of the call spread, to repay its term loan agreement with CRG Servicing LLC and for general corporate purposes

• Seattle-based commercial stage biopharmaceutical company

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