RE:RE:An Open Letter To Regulators On Concordia International RetaIf any deal is announced, it will be a convertible security with a rate (dividend or interest) markedly lower than the average rate on the outstanding debt. The proceeds will be used to delever the company and then the only legitimate concern about this company will be dealt with definitively. If I were short at this point, I would cover asap. That said, I hope select, lattice and donut man, let greed get the better of them.