Convertibles Calendar

ON THE HORIZON

BRISTOW GROUP INC. (NYSE: BRS): $200 million of three-year mandatory convertible preferred stock; Credit Suisse; off shelf; 4 million preferred shares at $50 apiece; $30 million greenshoe; non-callable; forced conversion subject to 150% hurdle; Houston-based provider of helicopter services to the offshore oil and gas industry plans to use the proceeds of the deal to fund aircraft purchases.

GOL LINHAS AEREAS INTELIGENTES SA (NYSE: GOL): $100 million offering of 20-year convertible senior unsecured notes; pricing expected after registration is approved; Morgan Stanley is bookrunner; also concurrent primary offering of 2.5 million preferred shares and offer of convertible debentures in Brazil; greenshoe for $15 million; non-callable for five years; puts in years five, 10 and 15; contingent conversion at 120%; Sao Paulo, Brazil-based low cost airline carrier will use proceeds to buy aircraft, equipment and materials.

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