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Author Message   Andhrajamesbond Kurra Bewarse Username: Andhrajamesbond Post Number: 3073 Registered: 03-2004 Posted From: 171.161.160.10 Rating: N/A Votes: 0 Posted on Friday, January 12, 2018 - 9:55 am:    Ntr_rocks: They again issued more 2 days back @11.4.. thats why it is down The offering is not being sold to the public, but instead is a private placement with an institutional investor. As such, the offering is not being registered with the SEC. The bonds will be convertible at the option of the investor at a fixed conversion price of $11.44. Now what The bond offering is a little strange, as $35 million comes in the form of a payable note to be paid at a later time. The company is basically selling debt in exchange for debt, which entails some additional risk. Jagath sathyam..Brahma Midhya.