Reno Offers Stock Conversion To Noteholders
Reno Air is offering common stock to holders of its 7.25% convertible subordinated promissory notes due July 15, 1996. Noteholders can convert the notes and collect accrued interest since Jan. 16, 1995, for $5 a share. As of yesterday, Reno had $4.6 million of the notes outstanding. Paul Tate, VP...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
