Amarin Corp Plc (AMRN)

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Kiwi, what if HDG lent money to you at 3.50% for 16 years but also received a percentage of the growth of your net worth over that period. That's a better analogy. Would you take the money?

without the conversion privilege the rate obviously would have been much higher than 3.5%. AMRN chose to issue the convert because they did not want to pay the higher rate.