NEW YORK, Sept 16 (IFR) - Nordea Bank has ratcheted in price guidance by as much as 25bp on its inaugural dual-tranche Contingent Convertible Tier 1 capital securities, after being swamped with more than US$10bn of orders.
Sept 16 (Reuters) - Fresenius Medical Care : * Says places equity-neutral convertible bonds * Says says placed equity-neutral convertible 1 bonds in an aggregate principal
Fitch Ratings has assigned HSBC Holdings plc's (AA-/Stable/F1+/aa-) issues of perpetual subordinated contingent convertible securities (CCS) final ratings of 'BBB'. The final ratings are in line with the expected ratings assigned on 2 September
FRANKFURT, Sept 16 (Reuters) - German kidney dialysis provider Fresenius Medical Care plans to issue 400 million euros ($518 million) in convertible bonds maturing in January 2020, it said on Tuesday.
Health Systems ( ADK +0.2% ) issued an aggregate of 777,479 shares of common stock to convert $2.9M in subordinated convertible promissory notes dated October 26, 2010 equating to a conversion price of $3.73. On September 11, the company issued
repurchase of up to 15.47M shares, along with the immediate repurchase of $50M of stock from one of the buyers of the convertible offering. These repurchases are separate from the company's previously announced $350M buyback program. Source: Press
Galley and Stephen O’Neill of RiverNorth RNCOX can have 40-80% in stocks, 20-60% in fixed-income and the rest in convertibles and cash. They will hold closed-end funds when they are at attractive discounts, the exchange-traded funds , and individual
Originally offering $1.3B in convertible notes, Twitter (NYSE: TWTR ) ends up selling $1.8B worth ..... premarket to $52.38. Previously: Twitter lower by 1.1% after convertible note offering Post your comment!
In privately negotiated agreements, Molina Healthcare (NYSE: MOH ) sells $125M aggregate principal amount 1.625% Convertible Senior Notes due 2044 to institutional investors. Settlement date is September 16, 2014. Post your comment!
comes in several different forms, some worse than others. On each of the two occasions that Tesla (NASDAQ: TSLA ) issued convertible bonds , the terms were so good that it was actually a positive for the stock, despite dilution. Advanced Cell doesn't