aber ich versuchs. kann jemand diese information mit 4 sätzen übersetzen. es geht um den wert itron. interessiert mich brennend. aber mein english . . .:-(
wandeln die die aktien irgendwie um oder splitten die sie ????
i just don`t understand
Itron Releases Information Related to Convertible Senior Subordinated Notes
01:20 02.10.08
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--
Itron, Inc. (NASDAQ:ITRI), today released information regarding its 2.50% Convertible Senior Subordinated Notes Due 2026 (Notes).
According to their terms, the Notes are convertible into cash and common stock when the closing price of Itron common stock exceeds $78.19, which is one hundred and twenty percent (120%) of the conversion price of $65.16, for 20 or more trading days in a period of 30 consecutive trading days prior to the end of a quarter. The Notes may be surrendered for conversion during any business day prior to the last trading day of the quarter ended December 31, 2008. The conversion feature became effective October 1, 2008.
In order to convert the Notes, a Holder must (1) complete and sign the Conversion Notice, with appropriate signature guarantee, on the back of the Note, (2) surrender the Notes to a Conversion Agent, (3) furnish appropriate endorsements and transfer documents if required by the Registrar or Conversion Agent, (4) pay the amount of interest, if any, the Holder must pay as described below, and (5) pay any tax or duty if required pursuant to the Indenture. A Holder may convert a portion of a Note if the portion is $1,000 principal amount or an integral multiple of $1,000 principal amount.
If a Holder surrenders a Note for a conversion after the close of business on the record date for the payment of an installment of interest and prior to the related interest payment date, such Security, when surrendered for conversion, must be accompanied by payment of an amount equal to the interest thereon which the registered Holder at the close of business on such record date is to receive (other than overdue interest, if any, that has accrued on such Note).
The name and address of the Conversion Agent is:
Deutsche Bank Trust Company Americas
Attn: Trust & Securities Services
60 Wall Street, 27th Floor
Mail Stop: NYC60-2710
New York, NY 10005
The notes have been convertible since April 1, 2008 and we continue to believe it is highly unlikely that holders would choose to convert the Notes because the market value of the Notes exceeds the amount that holders would receive upon conversion.
Details related to the Notes and conversion information is also available on Itrons website at: www.itron.com/convertiblenotes.
Ich bin durchaus nicht zynisch, ich habe nur meine Erfahrungen, was allerdings ungefähr auf dasselbe herauskommt. Oscar Wilde