How Jushi got some money.
Marc,
I valued the warrants at 10-11% of the bond face value and get effective costs for this issue of 26-27% taking into account both warrants and oid. That % is incidentally between the bid and offer on the existing bonds
Thanks! That's definitely a level of analysis beyond my capabilities...
Marc,
I valued the warrants at 10-11% of the bond face value and get effective costs for this issue of 26-27% taking into account both warrants and oid. That % is incidentally between the bid and offer on the existing bonds
Thanks! That's definitely a level of analysis beyond my capabilities...