Convertibles Calendar: FXCM to price $125 million

MAY 28

FXCM INC.: (Nasdaq: FXCM) $125 million of five-year convertible notes; pricing talked at 2.5%, up 30%; seen pricing after the close Tuesday; via bookrunners BofA Merrill Lynch and Credit Suisse Securities (USA) LLC; Rule 144A; $18.75 million greenshoe; non-callable for life; proceeds to repay a revolving credit facility, for general corporate purposes, including potential acquisitions, and to pay the net cost of a call spread; New York.-based online provider of foreign exchange, trading and related services.

MAY 29

CONCUR TECHNOLOGIES INC.: (Nasdaq: CNQR): $350 million of five-year convertible senior notes; after the market close Wednesday; talked to yield 0.5%-1%, up 27.5%-32.5%%, Rule 144A; $52.5 million greenshoe; joint bookrunners Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Deutsche Bank Securities Inc.; non-callable for life; net share settlement and contingent conversion at a 130% price hurdle; takeover and dividend protection; proceeds for general corporate purposes, including potential acquisitions and strategic transactions, and to pay the net cost of a call spread; Redmond, Wash.-based provider of integrated travel and expense management services for companies.

NETSUITE INC. (NYSE: N): $270 million of five-year convertible senior notes; after the market close Wednesday; talked to yield 0.5%-1%, up 27.5%-32.5%, Rule 144A; $40 million greenshoe; via bookrunners J.P. Morgan Securities LLC and Barclays, with JMP Securities acting as co-manager; non-callable for life, no puts; takeover protection; proceeds for working capital and other general corporate purposes, including possible acquisitions and to buy back about $30 million of common shares; San Mateo, Calif.-based provider of cloud-based financials and enterprise resource planning software suites.

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