New Convert Structure May Sway the Skeptics

Santini, Laura
June 2004
Investment Dealers' Digest;6/7/2004, Vol. 70 Issue 23, p7
Trade Publication
Reports on an emerging type of convertible deal dubbed by investment bankers as net-share settlement, that may pull in issuers previously scared off by unwanted share dilution once the bonds covert to equity. Debut of the structure at a time when Wall Street is preparing for a boost in convertible issuance; Comments of Sepracor Inc. chief financial officer David Southwell.


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