GOOGL preferred share offering is unfavorable due to high conversion price premium relative to current stock price.

Google has just issued preferred shares . You may not have heard of it, but it's worth knowing. Google has just launched a preferred stock offering. They raised the money, I think, with a 6.5% return on preferred shares, where you earn 6.5% from now until the summer of 2029.

Basically, they are paying you 6.5 % annually for 3 years. And after that, whether this is the case , I am sure if it is subject to mandatory transfer. I will have to check.

But they essentially convert into Google shares at a price of approximately $440 or so. Personally, I think it's a bad deal, and you should look into the details yourself. I personally think it's a bad deal because it comes at a price premium.

Google's stock price is currently around $340. Yes. So, you are already building up a lot of upside possibilities. I think that deal would have been fairer if it had been at 6.5% for 3 years, with you giving the option to enter at a share price of $ 340 or $360.

Learn, somewhere here. Not with such a huge bonus.