Convertibles Calendar: $1.325 billion in the market

Dec. 7

UNITI GROUP INC.:

• $300 million five-year convertible notes

• $45 million greenshoe

• Coupon of 7% to 7.5% and initial conversion premium of 20% to 25%

• Non-callable until Dec. 8, 2025, then subject to a 130% hurdle

• Rule 144A

• Goldman Sachs & Co. LLC, Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC

• Cover the cost of the call spread, to fund the repurchase of the 4% notes due 2024 and for general corporate purposes

• Little Rock, Ark.-based real estate investment trust

EZCORP INC.:

• $175 million seven-year convertible notes

• $25 million greenshoe

• Coupon of 3.5% to 4% and initial conversion premium of 27.5% to 32.5%

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

• Rule 144A

• Morgan Stanley & Co. LLC

• Repurchase a portion of its 2.875% convertible notes due 2024 and/or its 2.375% convertible notes due 2025 in privately negotiated transactions, repurchase shares from convertible note purchasers, and for general corporate purposes

• Austin, Tex.-based pawn shop operator

CUTERA INC.:

• $100 million seven-year convertible notes

• $20 million greenshoe

• Coupon of 3.75% to 4.25% and initial conversion premium of 15% to 20%

• Rule 144A

• Stifel Financial Corp.

• Fund the cost of the call spread and for general corporate purposes, which may include potential acquisitions and strategic transactions, repurchase of common stock or exchanges of its outstanding convertible notes

• Brisbane, Calif.-based cosmetic and aesthetic laser equipment maker

NEXTERA ENERGY PARTNERS LP:

• $500 million 3.5-year convertible notes

• Fixed coupon of 2.5%, a fixed initial conversion premium of 20% and a reoffer price of 98 to 98.25

• Rule 144A

• Citigroup Global Markets Inc.

• Fund the cost of the call spread fund a portion of the company’s acquisition of a 1,080-megawatt net interest in a renewable energy portfolio, repay borrowings under its revolving credit facility and for general corporate purposes

• Juno Beach, Fla.-based clean energy company

Dec. 8

CHEFS’ WAREHOUSE INC.:

• $250 million six-year convertible notes

• $25 million greenshoe

• Coupon of 2.125% to 2.625% and initial conversion premium of 27.5% to 32.5%

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

• Rule 144A

• Jefferies LLC and BMO Capital Markets Corp.

• Pay the cash portion of privately negotiated exchanges for a portion of the outstanding 1.875% convertible notes due 2024 and for general corporate purposes

• Ridgefield, Conn.-based distributor of specialty food products

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