Seeking Alpha

WebMD repurchases $100M in 2016 convertible notes

  • WebMD (WBMD -0.5%) repurchases $100M principal amount of its 2.25% convertible notes due 2016 (conversion price of $73.69/share) at a 1.75% premium. (8-K)
  • $300M in principal remains outstanding on the issue, which was closed in 2011 when shares traded at 53.66. WBMD has fallen 46.8% since then.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs