{"id":855,"date":"2007-05-17T23:10:10","date_gmt":"2007-05-18T03:10:10","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=855"},"modified":"2007-05-17T23:10:10","modified_gmt":"2007-05-18T03:10:10","slug":"sbnpra-closes-a-45-million-issue","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=855","title":{"rendered":"SBN.PR.A Closes: A $45-million Issue"},"content":{"rendered":"<p>S Split Corp, <a href=\"http:\/\/www.prefblog.com\/?p=812\">discussed on April 30<\/a> has closed, with 4.5-million shares outstanding. There was the usual price-pop and heavy volume; the issue closed at 10.42-45, 53&#215;10, on volume of 415,750 shares.<\/p>\n<p>I&#8217;d say there&#8217;s still a little value left: the <a href=\"http:\/\/www.prefshares.com\/glossary.html#curvePrice\">curvePrice<\/a> is $10.79, comprised of :<\/p>\n<blockquote><p>Price due to base-rate :\u00a0 10.26<br \/>\nPrice due to short-term :\u00a0 -0.30<br \/>\nPrice due to long-term :\u00a0\u00a0 0.71<br \/>\nPrice due to Interest Income :\u00a0\u00a0 0.00<br \/>\nPrice to to Cumulative Dividends :\u00a0\u00a0 0.00<br \/>\nPrice due to SplitShareCorp :\u00a0 -0.22<br \/>\nPrice due to Retractibility :\u00a0\u00a0 0.37<br \/>\nPrice due to Credit Spread (2) :\u00a0 -0.13<br \/>\nPrice due to Liquidity :\u00a0\u00a0 0.21<br \/>\nPrice due to Floating Rate :\u00a0\u00a0 0.00<br \/>\nPrice due to Credit Spread (3) :\u00a0\u00a0 0.00<br \/>\nPrice due to error :\u00a0\u00a0 0.03<br \/>\nPrice due to Credit Spread (High) :\u00a0\u00a0 0.00<br \/>\nPrice due to Credit Spread (Low) :\u00a0 -0.12<\/p><\/blockquote>\n<p><strong>Update<\/strong>: This issue has been added to the <a href=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2007\/05\/J5_Post_070517.pdf\">HIMI Split-Shares Index<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S Split Corp, discussed on April 30 has closed, with 4.5-million shares outstanding. There was the usual price-pop and heavy volume; the issue closed at 10.42-45, 53&#215;10, on volume of 415,750 shares. I&#8217;d say there&#8217;s &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,13],"tags":[],"class_list":["post-855","post","type-post","status-publish","format-standard","hentry","category-index-construction-and-reporting","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=855"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/855\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}