Convertibles Calendar

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:

APEX SILVER MINES LTD. (Symbol: SIL): $200 million shelf filed July 7 for debt securities, preference shares, depositary shares, ordinary shares, warrants and ordinary share purchase rights; securities may be issued as convertibles; Denver, Colo. silver miner will use proceeds to help finance the construction and development of its San Cristobal project, advance evaluation of exploration properties or for other general corporate purposes.

MDC HOLDINGS, INC. (Symbol: MDC): $1 billion shelf filed July 13 for debt securities, preferred stock and common stock; securities may be issued as convertibles; includes $550 million previously registered but unsold; Denver homebuilder will use proceeds for general corporate purposes.

REINSURANCE GROUP OF AMERICA, INC. (Symbol: RGA): $1 billion shelf filed July 9 for debt securities, preferred stock, depositary shares, common stock, purchase contracts, warrants, units and trust preferreds; securities may be issued as convertibles; includes $357.5 million previously registered but unsold; Chesterfield, Mo. life reinsurance company will use proceeds for general corporate purposes.

RENAISSANCERE HOLDINGS LTD. (Symbol: RNR): $564.25 million shelf filed July 13 for common shares, preference shares, depositary shares, debt securities, warrants, share purchase contracts, share purchase units and trust preferreds; securities may be issued as convertibles; includes $314.25 million previously registered but unsold; Pembroke, Bermuda insurer and reinsurer will use proceeds for general corporate purposes.

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