PXU paperlinx sps trust

I think "aggregate" in this context is "outstanding" or...

  1. nathanblack
    7,746 Posts.
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    07/01/12
    22:40
    Post #: 9521740
    I think "aggregate" in this context is "outstanding" or "remaining".

    Say they issue $100mil hybrids nut have subsequntly converted or cashed out some. The remaining notes drop to $50mil. A trigger happens so the remaining small amount can be forced to cash out. Tidy up the house. JMHO.
    PXU Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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