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C » Topics » Issuance of Preferred Stock

This excerpt taken from the C 10-Q filed May 2, 2008.

Issuance of Preferred Stock

        During the first quarter of 2008, the Company enhanced its capital base by issuing $12.5 billion of 7% convertible preferred stock in a private offering, and $3.2 billion of 6.5% convertible preferred stock in public offerings, and $3.715 billion of 8.125% of non-convertible preferred stock in public offerings. See Note 12 on page 78 for further information.

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