We believe that these initiatives, together with improved cash flow from business operations, have enhanced our financial flexibility. We currently have sufficient resources to retire the remaining '06 convertible notes at maturity and based on current forecasts we believe we will have sufficient liquidity available to satisfy the 146 million of 5 convertible notes due March 2007. As previously announced, during the first quarter of 2006 we purchased in the open market 30 million face value of our outstanding 471 million aggregate principal amount of 9.25 Senior notes due February 2008.
Quotes about convertible (16 Quotes)
Are right and wrong convertible terms, dependant upon popular opinion?
The perception of the comic is a tie of sympathy with other men, a pledge of sanity, and a protection from those perverse tendencies and gloomy insanities in which fine intellects sometimes lose themselves. A rogue alive to the ludicrous is still convertible. If that sense is lost, his fellow-men can do little for him.
There are a number of mechanical devices which increase sexual arousal, particularly in women. Chief among these is the Mercedes-Benz 380SL convertible.
A girl in the convertible is worth five in the phone book.
If China was to completely get rid of its currency peg, and the yuan became completely convertible, it would fall under pressure. It would become another Thai baht.
The laws of each are convertible into the laws of any other.
I'm honored that you invited me, especially when for 10,000 and a new convertible you could have had the top running-back prospect at SMU.
As a consequence, progress has come to mean simply more power, more profit, more productivity, more paper prosperity, all of which are convertible into standards concerned only with size or magnitude rather than quality or excellence.
Traders have jumped on the headline and people have shouted out China is going to make the currency convertible. China is not going to make the currency convertible they are going to allow domestic investors to invest in foreign markets.
Knowledge is convertible into power, and axioms into rules of utility and duty. But knowledge itself is not Power. Wisdom is Power and her Prime Minister is Justice, which is the perfected law of Truth.
Our second-generation convertible notebook builds upon an incredibly successful platform that has positively impacted one-to-one education computing initiatives, government and businesses on a far greater scale than we had anticipated. We have made our new device more compelling with a stunning 14-inch widescreen, blazing notebook performance, advanced pen capabilities and cost structure that makes it more appealing for mass market use. We are very excited by the promise of what Gateway's innovation brings to the market.
It is just part of the business. I don't have any hard feelings or any of that. This city is nice. You have a new dome, well not dome, but a convertible stadium. ... Hey, just drop the top and go play football.
During the fourth quarter we completed a series of financing initiatives designed to improve our liquidity. We completed a NT1.8 billion (approximately 54 million) 5-year secured term loan with a group of Taiwanese lenders, and we replaced our 30 million secured revolving credit facility with a new 100 million senior secured revolver that is available through November 2009. In addition our chairman, James Kim, and members of his family, subscribed to an offering of 100 million of 6.25 convertible subordinated notes due 2013, the proceeds of which were used to repurchase 100 million of 5.75 convertible notes due June 1, 2006.
Rich was our designated driver, ... We had this black and white '56 Plymouth convertible that we used to haul all of our equipment. I don't know how he did it, but Rich managed to get everything into that car. We'd ride in another car behind him, and it was a sight at times to see him tooling along with our gear neatly stuffed into every available space in the convertible.
The whole secret of the teacher's force lies in the conviction that man are convertible.