Including the oversubscription portion, there will be underlying 20 million common shares at a ratio of one detachable warrant
to one common share.
Each share, meanwhile, contains a detachable warrant
one share to two warrants.
In addition, any detachable warrant
may also be classified as a liability.
In similar fashion, APBO 14 (3-69), [paragraph]12, prevents an allocation of a debt issue price to a conversion feature, while [paragraph]17 does allocate the issue price to the value of a detachable warrant
A free detachable warrant
will also be issued to the noteholder for every 10 common shares, excluding the rights shares, regardless of whether or not the investor subscribes to the stock rights.
The Securities and Exchange Corporation (SEC) has approved the planned offering of Now Corporation of convertible preferred shares with detachable warrants
to raise up to P1 billion.
In parallel, subscribers to the new shares are entitled to receive three detachable warrants
per common share.
MYR 600 million Fixed Rate Serial Bonds with Detachable Warrants
(due 2015) at -.
25 July 2011 -- Malaysian rating service MARC on Friday gave its A- rating with a "stable" outlook to integrated aluminum producer Press Metal Berhad's (KUL:PMETAL) MYR323.7m (EUR108.9m/EUR75.9m) Redeemable Convertible Secured Loan Stocks (RCSLS) with 147.2m detachable warrants
The lenders received six-year notes with a coupon of more than 14 percent and detachable warrants
. The warrants expire in January 2015.
The 2009 deal with Slim had two of his companies take six-year bonds with a coupon of more than 14 percent and detachable warrants