Why LEN has to pay 4.5% interest on their 2019 notes while DHI only pays 3.75% for similar notes?
The most likely out come is that they will convert some debt to shares. The current cap is $62M, if the yconvert only $600M debt to the shares, that means a 10 times increase of outstanding shares.
Is this voluntarily or been forced? I could be a good news.
Trend means nothing for this stock. It is mainly a news (about their debt) driving stock. It could be that talk is going well.
Will the good new coming out soon from GNK's talK with their lenders?
That means GNK is paid at the rate of 12/24 until 1/2/14.
There are definitely smells here.