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Stillwater Mining Company Message Board

  • justjess101 justjess101 Oct 12, 2012 8:14 AM Flag

    Offering details here...

    The notes will be convertible, under certain circumstances and during certain periods, into cash, shares of the Company's common stock or a combination thereof, at the Company's election, based on an initial base conversion rate for the notes of 60.4961 shares of the Company's common stock per $1,000 principal amount of notes (which is equivalent to an initial base conversion price of $16.53 per share of common stock and represents an approximately 50.0% conversion premium over the closing sale price of the Company's common stock on October 11, 2012, which was $11.02 per share).
    doesnt seem very dilutive to me........

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