The board of directors of Dubai-listed Shuaa Capital has approved the increase of the company’s share capital following the issuance of mandatory convertible bonds (MCBs). The investment bank will ...
The sell-off might have to do with the convertible note pricing, while some speculated that it's a sign of investors' ...
As a mandatory convertible preferred stock ... much more sense for me to buy instead the 'A'-rated 4.75% yielding OTC bond of the company with 4 years to maturity and the positions in the options ...
At the current share price (and below), the US$1,000-par mandatory would convert into 19.91 shares per security in three years; at US$60.25, the 20% upper threshold, it would convert into 16.20 shares ...
ProSieben is considering an option it has to sidestep a shareholder vote in issuing the shares needed for the mandatory convertible bond, one of the sources said. It can do that through a ...
Genenta announced a EUR 20M financing through the issuance of a Mandatory Convertible Bond to ENEA Tech and Biomedical to support the expansion ...
financing through the issuance of a Mandatory Convertible Bond to ENEA Tech and Biomedical (ETB) to support the expansion of its pipeline by advancing Temferon in metastatic Renal Cell Cancer (mRCC).
Today, Genenta Science S.p.A. disclosed a new financial maneuver involving a mandatory convertible bond agreement with ENEA Tech and Biomedical (ETB), securing €20 million in funding. This strategic ...
HighTower Advisors LLC cut its stake in iShares Convertible Bond ETF (BATS:ICVT – Free Report) by 0.8% during the fourth ...
Note: The information provided herein regarding the Mandatory Convertible Bond is a summary and does not purport to be comprehensive. The full terms and conditions of the Mandatory Convertible ...
The sharp sell-off may also have to do with the convertible bond pricing period ... investor will receive a zero coupon and will be required to have faith that the GameStop meme phenomenon ...
We spent several months in negotiations," said Pierluigi Paracchi , CEO of Genenta. "We believe the mandatory convertible bond terms are indicative of the potential long-term value of Genenta's shares ...