Convertibles Calendar

WEEK OF NOV. 6

GENERAL CABLE CORP. (Symbol: NYSE: BGC): $315 million seven-year convertible senior notes; Merrill Lynch, Credit Suisse (joint books); off shelf; greenshoe for $45 million; non-callable, no puts; contingent conversion at 130%; Highland Heights, Ky., maker of electrical and electronic wires and cables will use $61.4 million of proceeds to repay outstanding senior secured debt due 2010; proceeds also to fund convertible note hedge and warrant transactions; to price Thursday after the close.

ON THE HORIZON

MEDIS TECHNOLOGIES LTD.: (Nasdaq: MDTL): $50 million of perpetual convertible preferred stock; Citigroup; Rule 144A offering; $7.5 million greenshoe; non-callable for three years, after which subject to a 150% hurdle; no puts; New York-based maker of fuel cell batteries will use proceeds for developing and commercializing products, which may include capacity expansion, and for general purposes; talked at a dividend of 6.5% to 7.25% and an initial conversion premium of 28% to 32%; day-to-day timing.

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