Sat, Nov 22, 2014, 4:43 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

RAIT Financial Trust Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • ethison ethison Oct 14, 2008 10:37 PM Flag

    Create a new 12% Preferred...sell it privately at a bit of a discount

    Of course they can. It's voluntary. RAS would just be offering a slight premium to market and it's done all the time. The first ones to the door get out at $10 per share:-)

    I hope they do it. They can buy up the debt at a discount bit by bit, but the prefereds will are so thinly traded and spread out that the only way to do it would be to do a dutch auction.

    Now would be a great time.

7.19+0.03(+0.42%)Nov 21 4:02 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Exa Corporation
NasdaqGMFri, Nov 21, 2014 3:59 PM EST
Hexcel Corp.
NYSEFri, Nov 21, 2014 4:02 PM EST