Merus Labs International ( MSLI ) completes its private placement of 10,000 shares of Series A convertible preferred shares to a large Canadian institutional investor for $10M. Proceeds will be used to fund future acquisitions and for
The transaction represents a 7.6% dilution for current shareholders. The current holders of the company's Series A Convertible Preferred Stock have agreed to exchange their shares for shares of common stock contingent upon the company securing financing
Alibaba invested HKD 1,661 million for a 9.9% equity interest in Intime and a HKD 3,706 million subscription of convertible bonds, which upon conversion would give it approximately a 26% equity interest in Intime. Intime Retail is one of China's
which includes common stocks, preferred stocks, and also convertibles and equity-linked securities. 1 In terms of equity market ..... investing or sending money. 1. As of 5/31/14, stocks and convertibles represented 61.67% of the Franklin Income Fund while bonds
LONDON, July 10 (IFR) - Banco Popular Espanol has pulled a contingent convertible deal citing poor market conditions, according to a lead manager.
Ruben : Last night (July 8), Seadrill ( SDRL ) took the highly unusual step of withdrawing the contemplated convertible bond issuance and voluntary incentive payment offer I wrote about yesterday . The company cited yesterday's 5
LONDON, July 10 (IFR) - Banco Popular Espanol is braving a relatively shaky market backdrop on Thursday to sell its first high trigger euro contingent convertible (CoCo) deal, strengthening its...
LONDON, July 10 (IFR) - Spain's Banco Popular Espanol is testing investor interest for a high trigger euro contingent convertible (CoCo) bond at 7-7.25%, according to a market source.
ARIZONA PREMIUM INCOME MUNICIPAL FUND NAZ $ 108,375,000 FIRST TRUST ENERGY INCOME & GROWTH FUND FEN $ 92,870,000 CORNERSTONE STRATEGIC VALUE FUND INC CLM $ 77,534,000 AllianzGI Convertible & Income Fund NCV $ 72,695,000
company will be ~$1.2M. The company will also convert the outstanding principal amount of $166,667 of its 8% Original Discount Senior Convertible Debentures due September 6, 2014 and October 1, 2014. 8-K Post your comment!