Equity Units. Equity Units: Each Equity Unit will have a stated amount of $100 and will initially be a “Corporate Unit” consisting of a purchase contract issued by us and, initially, a 1/10th, or 10%, undivided beneficial ownership in one share of 0.125% Series A Cumulative Perpetual Convertible Preferred Stock, without par value, with a liquidation preference of $1,000 per share, issued by us, which we refer to as “Convertible Preferred Stock.” Number of Equity Units Offered: 2,000,000 (or a total of 2,200,000, if the underwriters exercise their over-allotment option in full). Initial Price to Public: $100 per Equity Unit, plus, if applicable, accrued but unpaid contract adjustment payments and accumulated but unpaid dividends, from the Settlement Date.
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Equity Units. Equity Units: Units Each Equity Unit will have a stated amount of $100 and will initially be a “Corporate Unit” consisting of a purchase contract issued by us and, initially, a 1/10th, or 10%, undivided beneficial ownership in one share of 0.125% Series A Cumulative Perpetual C Mandatory Convertible Preferred Stock, without par valuevalue $0.01 per share, with a liquidation preference of $1,000 per share, issued by us, which we refer to as “Mandatory Convertible Preferred Stock.” Number of Equity Units Offered: 2,000,000 Offered 7,500,000 (or a total of 2,200,000, 8,625,000 if the underwriters exercise their over-allotment option in full). Initial Price to Public: Public $100 per Equity Unit, plus, if applicable, plus accrued but and unpaid contract adjustment payments and accumulated but unpaid dividendspayments, if any, from the Settlement DateApril 19, 2021.
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