Debenture Ask PriceThis is the first time i've seen the debenture ask price at 100 or higher.
GCM.DB.V ask $105
GCM.DB.X ask $100
GCM.DB.U will be converting to shares in 2018 so is following the share price.
It's a good sign the deb holders don't want to sell. They can go above par if the share price goes above conversion price. If GCM buys more of the V debs, there would be incentive for the V debs to convert to shares, or else they would be redeemed at below market price if the V debs were trading above par.