GREY:SXRZF - Post by User
Comment by
grizzon Jun 24, 2010 7:48pm
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Post# 17220195
RE: probabilty of debentures
RE: probabilty of debenturesI don't understand the question. The debs. are a contractual legal obligation of UUU. There is probably a redemption clause in the issuance document but such redemption is usually at least a few years after issue date.
ARMZ may want to eliminate them but that requires an offer that is satisfactory to the deb. holders.
I have heard nothing about any such redemption. If others have an insight I,too, would like to hear about it.
Thank you
GRIZZ