InvestorsHub Logo

vegas options

05/26/22 10:46 AM

#429953 RE: LTE #429952

LTE, we do know the interest 3 1/2%. IDCC had the cash to buy 2.5M shares ,pay off the 2024 bonds and still have about $200M left over. As Forrest Gump says stupid is as stupid does....

jealmc79

05/26/22 10:46 AM

#429954 RE: LTE #429952

They have been priced at 3.5% according to the press release. That’s close to enough to double the 2% they are currently paying that I’ll round it off to that.

“ We don't know the yield of the 2027 notes because they haven't been priced yet.”