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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: zonkie who wrote (202)12/7/1998 9:12:00 AM
From: Zeev Hed  Read Replies (4) | Respond to of 1438
 
Zonkie, S-3 are used, typically, to register the resulting stock from such convertible. I looked at the TAVA 10Q and did not find any floorless. They have $1.5 MM convertible at a fixed rate $1.5 and another $3 MM or so of other long term debt. None seems to be floorless.

Zeev