Hih? The placement from the companies point of view is already done in that it is 100% underwriiten........they already getting the money to apply to their dEbt.......pe funds making a bid can already factor in the new capital dtructure in their valuation calcs?
Meanwhile below is an article from thw wsj
http://online.wsj.com/article/BT-CO-20120626-702646.html
