InvestorsHub Logo
Followers 85
Posts 9231
Boards Moderated 0
Alias Born 12/05/2007

Re: None

Thursday, 12/02/2021 7:25:37 AM

Thursday, December 02, 2021 7:25:37 AM

Post# of 10477
20th Anniversary of ENRON scandal today. Let's hope LAC's recent behavior is not building into something like that...


The initial conversion rate for the Notes will be 21.2307 Shares per US$1,000 principal amount of Notes, equivalent to an initial conversion price of approximately US$47.10 per Share. The initial conversion price of the Notes represents a premium of approximately 35% to the last reported sale price of the Shares on the New York Stock Exchange (the "NYSE").

The Company intends to use the net proceeds from the Offering to repay its indebtedness, including the US$205 million senior secured credit facility, and for general corporate purposes.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LAAC News