The convertible preferred stock issuable under the equity facility (the “Facility”) has a stated value and purchase price of $1,000 per share, bears no preferred return or preferred dividends, and ...
Learn how Albemarle’s ALB.PR.A preferred shares function as mandatory convertibles, offering investors unique exposure to ...
Indian start-ups finance growth using instruments like CCPS, venture debt, and iSAFE notes. Capital structure evolves with milestones, requiring sequencing of funds to minimize WACC, manage forex risk ...
Swiggy's Board has approved the sale of its ₹2,400 crore stake in ride-hailing company Rapido, as announced in exchange ...
Global companies are ramping up convertible bond issuance in 2025, taking advantage of strong equity markets and investor ...
The prospectus contains all relevant information about the new convertible preferred issue. Here, we will highlight only the most important metrics for our analysis. MCHPP pays a 7.5% cumulative ...
OPENLANE has reached definitive agreements to repurchase 53% of the company’s Series A Convertible Preferred Stock, originally issued in June 2020, for cash consideration of about $559 million. In a ...
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), today announced that it has agreed to sell to the initial purchasers in a private offering, ...
TVS Holdings’ board will meet on September 22 to consider issuing cumulative non-convertible redeemable preference shares ...