Both parts of the deal saw pretty strong demand, which allowed the yield and the conversion premium on the CB to be fixed at the tight end, from the companyÆs point of view, while the price on the equity portion was fixed at the mid-point of the $30 to $32 offering range. However, one of the selling shareholders was more price sensitive than that and opted not to sell all of the shares it originally planned, reducing the overall size of...
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