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Published on 2/4/2003 in the Prospect News Convertibles Daily.

Convertibles Calendar

FEB. 3 WEEK

UNITED STATES STEEL CORP. (Symbol: X): $250 million of mandatory convertibles, upped from $200 million; price talk revised to 7% dividend, 20-22% initial conversion premium from 7.25-7.75% dividend, up 18-22%; via lead manager JPMorgan; pricing advanced to after the close Tuesday from Wednesday; proceeds to help pay for $950 million purchase of National Steel Corp.

http://www.sec.gov/Archives/edgar/data/1163302/000095015203000932/j9822001e424b5.txt

FEB. 10 WEEK

CROWN CORK & SEAL CO. INC. (Symbol: CCK): $250 million convertible bond due 2009 expected to price around Feb. 10 as part of $3.125 billion refinancing plan; Philadelphia container manufacturer will use proceeds to push its debt maturities out to 2006 and beyond; indicative 5.75% coupon in financials filed with SEC.

RECENT SHELF FILINGS

CONTELLATION ENERGY GROUP, INC. (Symbol: CEG): $2 billion shelf filed Jan. 24 for unsecured debt securities, common stock, preferred stock, warrants, stock purchase contracts and units; securities may be issued as convertibles; Baltimore energy company will use proceeds in its merchant energy business for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1004440/000092838503000120/ds3.txt

ELECTRONIC ARTS INC. (Symbol: ERTS): $2 billion shelf filed Jan. 29 for class A common stock, preferred stock, depositary shares, debt securities, stock purchase contracts, stock purchase units and warrants; securities may be issued as convertibles; Redwood City, Calif. software company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/712515/000101287003000269/ds3.htm

KEY ENERGY SERVICES, INC. (Symbol: KEG): $500 million shelf filed Jan. 31 for debt securities, common stock, preferred stock and warrants; securities may be issued as convertibles; include $75.5 million previously registered but unsold; Midland, Texas well servicing contractor will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/318996/000104746903003496/a2102025zs-3.txt

LENNOX INTERNATIONAL INC.: (Symbol: LII): $250 million shelf filed Jan. 31 for senior debt securities, subordinated debt securities, trust preferred securities, common stock, preferred stock, warrants, depositary shares, stock purchase contracts, stock purchase units and prepaid stock purchase contracts; securities may be issued as convertibles; Dallas heating, ventilation, air conditioning and refrigeration company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/1069202/000095013403001365/d02840sv3.txt

MARTEK BIOSCIENCES CORP.: (Symbol: MATK): $100 million shelf filed Feb. 3 for debt securities, warrants and common stock; debt may be issued as convertibles; Columbia, Md. microalgae products company will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/892025/000095013303000234/w83072sv3.htm

WENDY'S INTERNATIONAL, INC. (Symbol: WEN): $500 million shelf filed Jan. 30 for debt securities, preferred shares, depositary shares, common shares and warrants; securities may be issued as convertibles; Dublin, Ohio quick-service restaurant operator will use proceeds for general corporate purposes.

http://www.sec.gov/Archives/edgar/data/105668/000095015203000807/l98410asv3.txt


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