Subject category:
Finance, Accounting and Control
Published by:
Darden Business Publishing
Length: 28 pages
Topics:
Capital markets; Arbitrage
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Abstract
Walter Industries is issuing convertible bonds at a very attractive rate to the issuer. Given the relatively fragile condition of Walter it is not immediately apparent why the market is so receptive.
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Abstract
Walter Industries is issuing convertible bonds at a very attractive rate to the issuer. Given the relatively fragile condition of Walter it is not immediately apparent why the market is so receptive.