Dhabi这７.５B说明C的$30价合理嘛

7.5B买4.9%(MarketCap=150B)，连点Premium都不给。这$30可是今天才掉到的，可见谈判得多快。

[volplayer]

this is a mandatory convertible with lower strike at 31.83, upper strike at 37.24. mantatory convertible typically set lower strike at current price and upper strike determines the premium, which is 17% for this bond. the yielding is very high at 11%, their straight bond yielding 9%.