Dhabi這７.５B說明C的$30價合理嘛

7.5B買4.9%(MarketCap=150B)，連點Premium都不給。這$30可是今天才掉到的，可見談判得多快。

[volplayer]

this is a mandatory convertible with lower strike at 31.83, upper strike at 37.24. mantatory convertible typically set lower strike at current price and upper strike determines the premium, which is 17% for this bond. the yielding is very high at 11%, their straight bond yielding 9%.