Johnson & Johnson ( JNJ -0.7% ) invests $20M in the form of a convertible note in regenerative medicine company ViaCyte in exchange for a future equity stake and the rights to its type 1 diabetes combination
JAKARTA, Aug 22 (Reuters) - Indonesia's biggest coal miner PT Bumi Resources Tbk avoided default on its $375 million convertible bonds due August after bondholders approved a proposed restructuring of the debt.
JAKARTA, Aug 22 (Reuters) - Bondholders have approved key terms for a proposed restructuring of PT Bumi Resources Tbk's $375 million convertible bonds due August, a director at Indonesia's biggest coal miner told Reuters.
on the ultra-deepwater rig Ocean Monarch for one year at $425K, below the firm's estimated 2015 rate of ~$450K; a convertible option to alter the contract to an 18-month term also was below expectations. HERO's August fleet status included a
Investment grade convertibles have typically ..... underperformed the broad convertible universe when ..... securities in the convertible market. However ..... where we believe convertibles are generally fully ..... team managing our convertible strategies totals ..... equipped to assess convertibles across the credit
"Berkshire had owned convertible notes of USG since 2008 and was effectively forced to convert the notes when they were called for redemption by USG in December
Hathaway ( BRK.A , BRK.B ) failing to report in a timely fashion its boosted voting stake in USG late last year (it swapped convertible notes into common stock). The company today agreed to pay a $896K civil penalty to settle the government charges. Post
Perspectives on Credit Quality and Convertibles
valuation. The new capital issued is partially dilutive, with net proceeds being used to repay the remaining USD 500 million of convertible preference shares, so increasing profits for ordinary shareholders. The stock is out of its trading halt, and is moving
May for up to 116 million shares to offset dilution from options and any share issuance related to Ford's 4.25% senior convertible notes. Once the company better funds the pension, we want to see Ford start a meaningful share-repurchase program. The