Kodak shareholders were not the only beneficiaries of the sudden stock surge — holders of convertible bonds also saw tidy gains
August 04, 2020 at 15:53 PM EDT
Eastman Kodak Co.’s share price rally after news of a $765 million government loan to help it make drug ingredients at its U.S. factories has offered shareholders and executives with stock options a tidy windfall. But they’re not alone.
