SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : YSII - Youth Services International

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Towntarget who wrote (1)5/31/1998 1:27:00 AM
From: CoffeePot   of 15
 
Convertible debt isn't due until 2006 @$12.47 per share

7% Convertible Subordinated Debentures

During the year ended June 30, 1996, the Company issued 7% Convertible Subordinated Debentures due February 1, 2006, in the principal amount of $37,950,000. Interest is payable semi-annually in arrears. The debentures are convertible into common stock at the rate of one share for each $12.47 of principal. The 7% Convertible Subordinated Debentures may be redeemed at the option of the Company, in whole or in part at any time after February 1, 1999, at a redemption price equal to that percentage of their principal amount set forth below:
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext