Convertibles Calendar

WEEK OF MARCH 13

UNIVERSAL CORP. (Symbol: UVV): $200 million of convertible perpetual preferred stock; Deutsche Bank Securities (books); registered; $20 million greenshoe; soft call after seven years subject to 135% threshold, hard call after 12 years; Richmond, Va.-based tobacco leaf supplier will use proceeds to repay revolving loans and short-term notes; talked at 6.75% to 7.25% for the dividend, 20% to 25% for the initial conversion premium; trading expected to start Thursday.

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