Pandora Announces Convertible Note Exchange Transactions
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KeyBanc Remains Sidelined on Pandora (P) Following Convertible Extension
May 25, 2018 8:22 AM UTCKeyBanc reiterated a Sector Weight rating on Pandora (NYSE: P) following the company's announced extension of $193M of its 2020 convertible notes to 2023. The notes will maintain the same annual interest rate, but will lower the conversion price.
Pandora exited 1Q with $544M of... More
