Convertibles Calendar: Okta, Aptiv, Coupa, WisdomTree on tap

June 9 (post-close)

OKTA INC.:

• $1 billion six-year convertible notes

• Greenshoe of $150 million

• Coupon of 0.125% to 0.625% and initial conversion premium of 32.5% to 37.5%

• Rule 144A

• Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC

• Non-callable until June 20, 2023 and then subject to a 130% hurdle

• Proceeds to cover the cost of the call spread and for general corporate purposes.

• San Francisco-based enterprise identity provider

APTIV PLC:

• $1 billion three-year par-of-$100 series A mandatory convertible preferred stock

• Greenshoe of $150 million

• Dividend of 5.25% to 5.75% and initial conversion premium of 17.5% to 22.5%

• Registered

• Goldman Sachs & Co. LLC, Citigroup Global Markets Inc., Barclays, BofA Securities Inc, Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC

• Proceeds for general corporate purposes

• Dublin, Ireland-based technology and mobility company

June 10 (pre-open)

WISDOMTREE INVESTMENTS INC.:

• $150 million three-year convertible notes

• Greenshoe of $22.5 million

• Coupon of 3.75% to 4.25% and initial conversion premium of 60%

• Rule 144A

• Oppenheimer& Co. Inc.

• Non-callable until June 20, 2021 and then subject to a 130% hurdle

• Proceeds to repay its senior secured term loan and repurchase common stock

• New York-based ETF and ETP sponsor and asset manager

June 10 (post-close)

COUPA SOFTWARE INC.:

• $1.1 billion six-year convertible notes

• Greenshoe of $165 million

• Coupon of 0.125% to 0.625% and initial conversion premium of 30% to 35%

• Rule 144A

• Goldman Sachs & Co. LLC, BofA Securities Inc., Barclays and J.P. Morgan Securities LLC

• Non-callable until June 20, 2023 and then subject to a 130% hurdle

• Proceeds to cover the cost of the call spread, to repurchase in cash a portion of its 0.375% convertible notes due 2023 and for general corporate purposes, including potential acquisitions and strategic transactions.

• San Mateo, Calif.-based cloud platform for business spend management

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