Sentence examples for higher conversion price from inspiring English sources
Even if we assume that the company will get the higher conversion price, Lehman will have reaped $6 billion by issuing 203.4 million shares.
Billionaire investor George Soros publicly urged the U.S. Treasury to save the Morgan Stanley-MUFG deal by buying an equivalent amount of preferred shares in the bank at a higher conversion price.
This being the case, companies will only call a bond if the stock is a bit higher than the conversion price so that investors will take the shares and the company won't have to lay out the cash to repay the bond.
Assuming that the issuer has a strong balance sheet, the main problem in buying convertibles in today's market is that most available issues are "under water," meaning that the conversion price is much higher than market, a reflection of prices at the time of issue.
More users means more volume, means you can get cheaper prices from suppliers, means lower prices for customers, means higher conversion rates, makes your advertising more effective than your competition, etc.
When issued, the conversion price is set at a value 20% to 30% higher than the then-price of the common stock.
The conversion price was well above what was then the market price, at $49.87, although the coupon of 7.25percentt was high considering the conversion feature.
The conversion price will be $8.50 a share.
The conversion price is $3.25 per share.
Facebook delivers higher conversion rates.
And, not insignificantly, higher conversion.
