- InterDigital's (NASDAQ:IDCC -2%) $275M offering of senior convertible notes due 2020 features an interest rate of 1.5% and an initial conversion price of $72.37 - 38% above current levels.
- Shares are down 5% since the offering was first announced on Wednesday afternoon.
InterDigital slides after pricing convertible offering
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Symbol | Last Price | % Chg |
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IDCC | - | - |
InterDigital, Inc. |