Effective November 17, 2006, Legend also advises the issue of a further 201,657 shares of common stock at an issue price
The issue price
(the "Issue Price
") for the New Shares has been calculated as
The unmodified note's adjusted issue price
is $75,000 and the modified note's issue price
is $50,000; see Sec.
750% unsecured senior notes due 2011 at an original issue price
VALUE, ADJUSTED TERMINAL ASSET VALUE, FREE SPIRIT ISSUE PRICE
AND OBC ISSUE
1273(a)(1) provides that OID is the excess of the stated redemption price at maturity over the issue price
The cisco PERQS(SM) pay interest quarterly based on an annual rate of 7% of its issue price
The issue price
of the Senior Notes is 100%, and the offering is expected to close on May 26, 2006.
At conversion, the holder does not recognize any income, and the issuer cannot deduct as interest the excess of the stock's FMV over the debt's adjusted issue price
At maturity, SEK holders will receive the lesser of either 155% of the issue price
, or the average closing price per share of Snapple common stock for the ten trading days immediately prior to expiration.
BOSTON & PERTH, Australia -- Global bio-nanotech company pSivida Limited (NASDAQ:PSDV)(ASX:PSD)(Xetra:PSI) today announced details of a Non-Renounceable Rights Issue offering one new ordinary share for every eight shares held at May 22 ("the Record Date") at an issue price
the excess of the new debt's issue price
over the original debt's adjusted issue price
) is attributable, in part, to the fact that the taxpayer previously claimed a deduction for partial worthlessness (thus reducing its basis in the debt), and the modification does not alter the fact that a portion of the debt remains uncollectible.