$SINGAPORE AIRLINES-MCB RTS(ZJGR.SI)$Mandatory convertible bonds given so if were to exercise it, we need $4.84 each?
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So i think we are paying $1 for each of the MCB RTS to help them cover?
Would selling at a loss/profit seems worth it now as they are bringing in more shares to cover their butt
And they might have a 10year range to either pay us more or converted to stock if they didnt buy the MCB RTS Back
Means they are currently in need of 6Billion to fill their bankruptcy gap
Can you kindly explain further?