Clever

Strands Puzzle: Saturday’s Spangram Reveals Clever Jewel Tone Theme – See the Answers Here!

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New York City, NY – Puzzle enthusiasts looking for a mental challenge on their day of rest can turn to the New York Times’ Strands puzzle for a tricky word search experience. This innovative game presents players with a grid of letters where they must find words related by a common theme, along with a special word called a spangram that connects opposite sides of the board. The challenge lies in deciphering the theme and …

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Convertible Debt Issuers Utilize These Clever Hedges to Protect Shareholders – Peloton’s $1 Billion Move Shocks Investors

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San Francisco, California – As companies seek innovative ways to raise capital without diluting existing shareholders, the use of convertible debt with hedges has become a popular strategy. These hedges help issuers like fitness company Peloton protect their shareholders from dilution, even if their stock prices exceed the conversion threshold, albeit at a cost. In 2021, Peloton made headlines by raising $1 billion through convertible debts, including a capped call option, during a period of …

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