NQ Mobile sold convertible bonds just prior to the Muddy Waters report. Had some ups and downs, currently 72.145.
NQ 4 18/10/15 CVT PUT
NQ MOBILE INC
S&P 2013/10/16
ISIN: US64118UAA60
COMMON CODE: 098424253
CUSIP: 64118UAA6
SEDOL: BFP6K85
WERTPAPIER: A1HSE4
US64118UAA60
Putable, Convertible
KY / USD
Finance - Finance
Fixed:Plain Vanilla Fixed Coupon, 144A
Bond Issued
Issue Description
Domicile of Issuer:Cayman Islands (KY)
Market of Issue:United States
Name of Borrower:--
Domicile of Borrower:--
S&P Industry:Finance - Finance
Program Type:--
Seniority:Senior Unsecured
Private Placement:Yes
Guarantor:--
ECB Indicator:Not ECB Eligible
Series #:--
Ownership Type:Book Entry
TRFIT US Eligibility Code:144a for QIB
Date Seasoned:--
TRACE Status:TRACE Reportable
Collateral Type:--
Min. Denomination / Increment:1,000.00 / 1,000.00 USD
Convertible Type:Convertible into Equity of the Issuer
Convertible Into:NQ.N
Warrants:No
Clearing House:Depository Trust Co
Exchange Listed:
MARKETAXESS
EU Savings Tax Directive:Yes
Withholding Tax:--
Offering Type:Private placement-144A
Solvability Ratio:100
suance Details
Issue Date / Price / Yield:
2013/10/16/ 100/ --
Issue Spread:-- (--)
Original Issue Amount:172,500,000 USD
Total Issue Amount:172,500,000 USD
Total Price to Public:172,500,000 USD
Announcement Date:2013/10/07
Auction Date:--
MTN:No
Underwriters:DEUTSCHE SECURITIES INC
MORGAN STANLEY & CO LLC
Underwriters:
NameTypeAmount
DEUTSCHE SECURITIES INCJoint Lead Manager--
MORGAN STANLEY & CO LLCJoint Lead Manager--
DEUTSCHE SECURITIES INCBookrunner--
MORGAN STANLEY & CO LLCBookrunner--
Principal / Coupon Information
Maturity Date:
2018/10/15 @ 100
Principal / Coupon Currency:USD / USD
Amount Outstanding:172,500,000 USD
%Amount Outstanding / Total Issue Amount:100.0000%
Coupon Type / Frequency:Fixed:Plain Vanilla Fixed Coupon / Semiannually
Current Coupon / Next Pay Date:4.0000 / 2014/10/15
Coupon Formula:--
Dated / First / Final Coupon:
2013/10/16/ 2014/04/15/ 2018/04/15
Irregular Coupon:First
Ratings
Rating SourceDateRatingWatch Code
Moody's Long-term Issue Credit Rating2013/10/16N/A--
Standard & Poor's2013/10/16N/A--