Convertibles Calendar: Clarios on tap

July 29

CLARIOS INTERNATIONAL INC.:

• $500 million three-year $50-par mandatory convertible preferred stock

• $75 million

• Dividend of 5.75% to 6.25% and initial conversion premium of 17.5% to 22.5%

• J.P. Morgan Securities LLC and BofA Securities Inc.

• Registered

• Concurrent initial public offering of $1.2 billion or 62 million shares; private placement of $250 million in common stock

• Proceeds to repay debt

• Milwaukee-based car battery manufacturer

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.