deal. McKesson has made its offer conditional on obtaining at least 75% of Celesio's shares, including those from two convertible bonds. When taking the debt into account, Elliot owns 21.05% of Celesius. McKesson has already agreed to buy 50.01
RAIT Financial Trust ( RAS +1.5% ) dove at the open, but is now higher after commencing an offering of 20-year convertible notes. Among the uses for the proceeds, RAIT intends to pay off a capped call transaction with an affiliate of the
assume the fibre penetration rate will remain flat from fiscal 2015 to fiscal 2018. While equity shareholders may find a convertible preference share more palatable, the government may balk at injecting additional capital into Chorus. Our fair value estimate
SouFun ( SFUN ) is offering $250M worth of convertible senior notes due 2018. The Chinese real estate site only ..... take advantage of a high stock price this year to sell convertible debt. The company ended Q3 with $320.7M in cash
GT Advanced ( GTAT ) is issuing $125M worth of convertible senior notes due 2020, and 12M shares (worth $114M at current levels). Underwriters will have overallotment options to purchase
regarding a cardiovascular study last week, Orexigen Therapeutics ( OREX ) has now announced a proposed $100 million Senior Convertible Note offering . At the time Orexigen announced the positive data on its Light Study, which is a precursor to a possible
in marketing and G&A expenses," analyst Heath Terry states. "We also adjust our estimates for the recently concluded convertible debt offering." The firm raises FY 2014 EPS from $0.48 to $0.77 and FY 2015 EPS from $0.52 to $0.96. Post
BEIJING, Dec 2 (Reuters) - A freely convertible yuan would help shore up China's competitiveness and the currency's gradual appreciation has benefited the economy by lowering import costs, a senior...
LONDON, Dec 2 (IFR) - Barclays PLC is planning a euro-denominated Additional Tier 1 contingent convertible security, which will be perpetual non-callable for seven years, according to a lead manager...
AMSTERDAM, Nov 25 (Reuters) - Wereldhave NV : * Has decided not to proceed with the open market repurchase of EUR 230 million