Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
here is the risk of what happens if the company exercises its call option on the EIS this Fall 2009. But my question then is there a premium lump sum to the investor if the debt portion of the EIS is taken away?
-christian


"Q. What happens if B&G Foods exercises the call option for the senior subordinated notes included in the EIS?
A. If B&G Foods exercises the call option for the senior subordinated notes, the Class A common stock and the senior subordinated notes included in the EIS will automatically separate. We may not exercise the call option for the senior subordinated notes prior to October 30, 2009."

http://phx.corporate-ir.net/phoenix.zhtml?c=176473&p=iro...
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement