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.

PNM RESOURCES INC. (Symbol: PNM): $200 million of equity-linked securities as part of financing package for $1.024 billion acquisition of TNP Enterprises Inc.; timing to coincide with acquisition closing 9 to 12 months from announcement on July 25; letter of intent obtained for the purchase of $100 million of the equity-linked securities from an existing shareholder; Albuquerque, N.M., electric utility also plans to issue $250 million of common equity, of which $95 million will go to TNP Enterprises shareholders, and place $100 million of long-term senior notes; expected ratings BBB/Baa2.

RECENT SHELF FILINGS WITH THE SEC:

BOSTON SCIENTIFIC CORP. (Symbol: BSX): $1.5 billion shelf filed Sept. 30 for senior debt securities, subordinated debt securities, preferred stock, depositary shares, common stock, warrants, stock purchase contracts and stock purchase units; securities may be issued as convertibles; includes $3.9 million previously registered but unsold; Natick, Mass. manufacturer of medical devices will use proceeds for general corporate purposes.

CHESAPEAKE ENERGY CORP. (Symbol: CHK): $600 million shelf filed Sept. 28 for common stock, preferred stock, depositary shares and debt securities; securities may be issued as convertibles; includes $260.75 million previously registered but unsold; Oklahoma City independent natural gas company will use proceeds for general corporate purposes.

KEYSPAN CORP. (Symbol: KSE): $3 billion shelf filed Oct. 1 for debt securities, preferred stock, depositary shares, common stock, stock purchase units, stock purchase contracts, warrants, warrant units and trust preferred securities; securities may be issued as convertibles; Brooklyn, N.Y., electric and gas utility will use proceeds for general corporate purposes.

NASTECH PHARMACEUTICAL COMPANY INC. (Symbol: NSTK): $80 million shelf filed Sept. 30 for common stock, warrants and debt securities; securities may be issued as convertibles; Bothell, Wash., pharmaceutical company will use proceeds for general corporate purposes.

NAVARRE CORP. (Symbol: NAVR): $110 million shelf filed Sept. 28 for debt securities, preferred stock, common stock, warrants, depositary shares, stock purchase contracts and stock purchase units; securities may be issued as convertibles; New Hope, Minn., publisher of home entertainment and multimedia products will use proceeds for general corporate purposes.

NORFOLK SOUTHERN CORP. (Symbol: NSC): $1 billion shelf filed Sept. 30 for common stock, preferred stock, depositary shares, debt securities and trust preferreds; securities may be issued as convertibles; includes $450 million previously registered but unsold; Norfolk, Va., railroad will use proceeds for general corporate purposes.

WINTRUST FINANCIAL CORP. (Symbol: WTFC): $200 million shelf filed Sept. 28 for debt securities, units, warrants, preferred stock, common stock and trust preferred securities; securities may be issued as convertibles; Lake Forest, Ill., community bank holding company will use proceeds for growth opportunities and general corporate purposes.

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