Is that what generated the volume spike ?
So would that be a (kind of) Preferred shares issuance then (with something like a 2.5 % yield) and a conversion price of $9.31 ?
Or simply a different type of offering
$575m Notes @ 2.5% 5 yrs conversion price $9.31
At any rate it seems to have affected the share price to where the trend line's come back into play....
Which is fine (actually terrific) as long as we don't experience a broad market sell off
Historically low interest rates promised for 3 more years........hmmmmm
Guess I should go and read up on the offering....See if I can figure out how it is working
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