Reported Earlier, Piedmont Realty Trust Prices $200M Of 2.875% Exchangeable Senior Notes Due 2031 At $12.65 Exchange Price
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Why It Matters
Piedmont Realty Trust sold new bonds that can turn into shares. This helps the company raise cash while letting investors possibly swap for stock later.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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