Beneath the skin of Saab's famous Swedish steel construction, the body of the Saab 900 convertible
is amply reinforced too.
Neither the convertible
notes nor the shares of Common Stock issuable upon conversion of the convertible
notes have been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.
sales should account for about 2 percent of industry volume this year, up from roughly 1.
GM didn't consider it a risk when it decided on the convertible
approach because the stock market had rebounded.
Corporations have long issued bonds convertible
into an issuer's or a related-party's stock.
securities trade at a premium to their conversion values, due to the incremental value of their fixed-income obligations.
bonds are something of a hybrid investment, combining the steady yield of bonds and the capital appreciation possibilities of stocks.
The company expects the holders of the Series A Convertible
Preferred Stock to convert their holdings into LoJack common stock on or before July 11, 1994 and to receive dividends aggregating approximately $3,850,000, which have accumulated since May 1991.
Here we address certain earnings-per-share questions related to convertible
preferred stock held by an ESOP.
8,580,000 aggregate principal amount of convertible
a biotechnology firm based in New Haven, CT, had been relatively quiet in the public marketplace since its IPO of 1998--at least, until this past January, when it returned to successfully execute a $150 million convertible
By using convertible
securities, which combine the elements of bonds and stocks and exhibit certain investment characteristics of both, you can blend the advantages of fixed-income and equity instruments.
NYSE: GLN), today announced that it has commenced a solicitation of consents to approve the reclassification of its 12 percent Noncumulative Perpetual Preferred Stock, Series B and Series C into a new class of preferred stock designated Noncumulative Convertible
Preferred Stock, Series D.
Nasdaq:CPTS), announced today that it intends to offer, subject to market and other conditions, an aggregate of $75,000,000 of Convertible
Senior Notes due 2027.
19, 1993, (the "Renaissance loan agreement") and in exchange for which SLI issued to Renaissance a debenture convertible
into 600,000 shares of SLI common stock at a conversion price of $.