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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank

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To: ChartMan who wrote (1716)5/25/1999 7:12:00 PM
From: AugustWest  Read Replies (1) of 2414
 
No one seemed to care much about this additional offering when it hit the press.

I read it, re-read it, sat on it, but since I have no position here, let it slide. But now I'm a bit curious, and wondering if anyone can clue me in as to what this statement means....

The bank said it also plans to issue $100 million of convertible subordinated notes that mature in 2004.

Who gets those notes upon maturity?
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