Are the $300 M Convertible Notes already sold?
I am a little confused. I thought the release last night said they were planning on selling some convertibe notes to raise cash. I assumed that meant they are looking for buyers. Now the terms have been released? So do they have buyers for them already, or are they still looking? How can they dictate the terms and how do they know they would even get someone to agree to the terms. Or do they already have agreements with buyers.