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The debentures will be convertible at an initial conversion rate of 74.0741 shares per $1,000 principal amount of debentures, or $13.50 per share.
So regulators put limits on the amount of money Metropolitan could raise through sales of debentures and preferred stock.
§ 107.1585 Exchange of Debentures for Participating Securities.
* Newfoundland has filed for $200 million of debentures, through Merrill Lynch Capital Markets.
Goldman , Sachs & Co.THURSDAY New Jersey Bell Telephone Co., $300 million of debentures due 2026.
American Telephone and Telegraph, $300 million of debentures due 2026.
Morgan Stanley & Co. CPC International, $100 million of debentures due 2016, NR/Aa-2/AA.
L. 100 590, § 111(d)(2), inserted "Pooling of debentures" as section catchline.
Imperial Corp. of America, $100 million of debentures due in 1996, rated B-2 by Moody's.
Smith Barney , Harris Upham & Co. Southwest Gas $25 million of debentures due in 2001, rated BBB by S.&P.
American Telephone and Telegraph, $300 million of debentures due 2026, AA/Aa-3/AA.
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