convertible notes information

Discussion in 'Trading' started by emk662, Feb 27, 2004.

  1. emk662


    What is the good website that has the convertible notes filing information? Thanks.
  2. chs245


    Most convertible notes are not registered with the SEC. They are done on a rule 144 basis.
    You have to check a company's press release to get the details. also lists those deals, although with a couple of hours lag.

    May I ask why you are interested in those ?

  3. emk662


    I am doing a research for my graduate project. I am suprised that such deals are not required to register with SEC. So, are there any rules for disclosure? I noticed that, for example, Yahoo did a converts deal in April 2003, but only disclosed in June 2003. Thanks.
  4. chs245


    not sure about rules for disclosure. best is to check the rule 144a, which allows qualified investors to invest in those unregistered securities.
    90% of the converts are unregistered.

  5. ... which is why they are exempt from registration under 34 & 33 Act.