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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: zyx1996 who wrote (11329)5/17/2001 10:18:18 PM
From: Alphapenguin  Read Replies (1) | Respond to of 15615
 
The GX senior preferred convertible notes paying 10.5% (5.25% semi-annually) have a par value of $100. Now trading at $90, thus the yield is better than 10.5%. These notes are incomparably better than their peers. Conversion date is December 2008.