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goodietime

04/17/21 6:11 PM

#93087 RE: highwaymap #93084

"Piers is PQ. Piers was wamu's CTs."

I believe that is not accurate.

I never had Piers, but I think they had $25 face, and were actually paid about $10. Perhaps someone who had those could chime in?

These are the WAMU conversion ratios:

1 WAMUQ = 0.03349842 WMIH.... UQ was Common shares
1 WAMKQ = 0.4950146 WMIH.... KQ was $25 face Preferred stock
1 WAMPQ = 19.8005825 WMIH.... PQ was $1,000 face Preferred stock