Polk consultant Mark Pauze said convertible
registrations typically are skewed toward large metropolitan areas and those with warm climates.
Investors buying a convertible
want the stock price to move up, but if the price goes nowhere, so will the bond issue.
debt is not subject to the CPDI; see Regs.
The current environment of falling interest rates could hardly be better for convertible
funds have compiled an impressive record by any stock picker's standards.
securities are included in EPS computations using the if-converted method.
Regent Securities Capital Corporation and Shoreline Pacific, LLC served as the placement agents for the issuance and sale of the convertible
debentures and related warrants.
offering was a seven-year deal that could be redeemed after Feb.
bond is also valued in terms of its underlying equity, so it's important to remember that assessing the equity value of a convertible
involves performing the same kind of credit analysis required for any stock.
The public offering of the Company's convertible
senior notes will be made only by means of a prospectus and prospectus supplement under the Company's existing $150 million shelf registration statement.
On or prior to the close of business on February 27, 2007, holders of the 5% Convertible
Debentures being called may convert their 5% Convertible
Debentures into shares of common stock of Meridian Bioscience at a conversion price of $9.
Unless cancelled, the subscribers will be required to pay for the Convertible
Preferred Equity immediately at the end of the 28 day period (or at such earlier date as such provision is waived).
Guaranteed Notes due 2008 (the "Convertible
Notes") issued by Elan Capital Corp.
0 billion aggregate principal amount of convertible
senior notes due 2036.
The Senior Convertible
Notes will be convertible
into General Cable Corporation common stock at a conversion rate of 19.