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Retributi0n · 12-16-2007, 06:02 AM

"acting for Solstarz in relation to its issue of a 10 million convertible bond loan with Webster Bank"

I am arguing with someone about the meaning of the above sentance.

He is saying that this company was given 10 mill in cash by that bank.

I am saying the company put up 10 mill worth of bonds for purchase through the bank.

Anyone know better here?

12-16-2007, 06:02 AM
Retributi0n So Fucking Banned Join Date: Oct 2007 Posts: 393	Anyone here good with stocks and bonds and their meanings? "acting for Solstarz in relation to its issue of a 10 million convertible bond loan with Webster Bank" I am arguing with someone about the meaning of the above sentance. He is saying that this company was given 10 mill in cash by that bank. I am saying the company put up 10 mill worth of bonds for purchase through the bank. Anyone know better here?