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Gamco

01/23/23 1:29 PM

#430672 RE: Monterey2000 #430670

Monterey2000 - No effect regarding dilution. It just reduces the cost of meeting the future obligation to our bond holders at conversion. MO

vegas options

01/23/23 3:47 PM

#430679 RE: Monterey2000 #430670

Monterey2000, Yes the bond was for $400 M and $400 M in buybacks at a lesser price than the bonds