Face value is $100 but the Redemption Value is presently about $103.50 and rises further as time goes on toward the next scheduled dividend, and if that dividend is not made the Redemption Value is then about $107.00 - which Redemption Value is pertinent for any conversion into PPX.
PXU
paperlinx sps trust
can sps trust be forced to buy out pxupa's? , page-13
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