Convertibles Calendar

DEC. 18 WEEK

ENTERTAINMENT PROPERTIES TRUST (NYSE: EPR): $125 million of perpetual convertible preferred stock; Bear Stearns; off shelf; $18.75 million greenshoe; company may convert the preferreds after the first five years, subject to a 130% hurdle; Kansas City, Mo., real estate investment trust that owns entertainment retail centers, cinemas and other entertainment-related properties will use proceeds for general corporate purposes; talked at a dividend of 5.5% to 5.75% and an initial conversion premium of 20% to 24%; pricing Tuesday after the close.

ON THE HORIZON

EUROSEAS LTD. (OTCBB: EUSEF): Unspecified amount of two-year mandatory convertible preferred stock; Cantor Fitzgerald & Co., Oppenheimer & Co. (joint books); registered; non-callable; Maroussi, Greece-based owner and operator of drybulk and container vessels will use proceeds to pay back $7 million of debt incurred through acquisition of the vessel YM Xingang I and to acquire additional vessels.

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