Convertibles Calendar: Impinj on tap

Dec. 11

IMPINJ INC.:

• $75 million seven-year convertible notes

• Greenshoe of $11.25 million

• Coupon of 1.5% to 2% and initial conversion premium of 27.5% to 32.5%

• Non-callable for four-years then subject to a 130% hurdle

• Rule 144A

• Goldman Sachs & Co. LLC

• Proceeds to cover cost of the call spread, to terminate its senior credit facility and for general corporate purposes

• Seattle-based manufacturer of radio frequency identification devices and software

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