Convertibles Calendar

JUNE 14 WEEK

QUADRAMED CORP. (SYMBOL: QMDC): Rule 144A; up to $94 million of convertible preferreds, with proceeds to redeem its 5.25% convertible debentures due 2005 and 10% senior secured notes due 2008; price talk expected Monday; via joint lead managers JGiordano Securities Group and Philadelphia Brokerage Corp.; scheduled to price after the market close Tuesday.

ON THE HORIZON

ADVANCED SEMICONDUCTOR ENGINEERING INC.: (Symbol: ASX): $135 million of five-year convertible notes, with a $15 million greenshoe; via lead manager Goldman Sachs International; the Taiwanese semiconductor testing firm also plans to sell 60 million American Depositary Shares, which will each represent five ordinary shares with a par value of NT$10 each; timing will be as soon as the registration statement at the Securities and Exchange Commission becomes effective.

RECENT SHELF FILINGS WITH THE SEC:

AMERICAN RETIREMENT CORP. (Symbol: ACR): $250 million shelf filed June 9 for common stock, preferred stock, debt securities and warrants; securities may be issued as convertibles; Brentwood, Tenn. operator of senior living communities will use proceeds to fund acquisitions, for capital expenditures, to repay debt and for general corporate purposes.

ASK JEEVES, INC. (Symbol: ASKJ): $400 million shelf filed June 8 for common stock and preferred stock, depositary shares, debt securities and warrants; securities may be issued as convertibles; Emeryville, Calif. internet search engine will use proceeds for general corporate purposes.

BRIGHAM EXPLORATION CO. (Symbol: BEXP): $200 million shelf filed June 9 for debt securities, common stock, preferred stock, depositary shares and warrants; securities may be issued as convertibles; Austin, Tex. exploration and production company will use proceeds for general corporate purposes.

CENTERPOINT ENERGY, INC. (Symbol: CNP): $1 billion shelf filed June 7 for senior debt securities, common stock and preferred stock; securities may be issued as convertibles; includes 15 million shares previously registered but unsold; Houston utility holding company will use proceeds for general corporate purposes.

MERIDIAN RESOURCE CORP. (Symbol: TMR): $350 million shelf filed June 7 for debt securities, common stock and preferred stock; securities may be issued as convertibles; Houston oil and gas exploration and production company will use proceeds for general corporate purposes.

SANTANDER BANCORP (Symbol: SBP): $350 million shelf filed June 7 for debt securities, common stock and preferred stock; securities may be issued as convertibles; San Juan, P.R. diversified financial holding company will use proceeds for general corporate purposes.

XL CAPITAL LTD. (Symbol: XL): $1.65 billion shelf filed June 7 for ordinary shares, preference ordinary shares, debt securities, ordinary share warrants, ordinary share purchase contracts, ordinary share purchase units and trust preferreds; securities may be issued as convertibles; Hamilton, Bermuda insurance and reinsurance company will use proceeds for general corporate purposes.

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