Realistic if bond holders convert LNC reduces debt by $150 m why would bond holders convert at 1.36 when they are already calling the shots? LNC has had to redeem $50 m bonds already! You can't tell me LNC paid this down willingly? Look at the re worked deal who does it favour ? Lnc or the bond holders? Ask yourself why is PB so generous?
- Forums
- ASX - By Stock
- LNC
- new Ann re Convertable Bonds
new Ann re Convertable Bonds, page-17
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales