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Bradley - Link s December 3 1 , 2 0 2 4 , balance sheet included the following items: Long - Term Liabilities ( $

Bradley-Links December 31,2024, balance sheet included the following items:
Long-Term Liabilities ($ in millions)
7.0% convertible bonds, callable at 102 beginning in 2025, due 2028(net of unamortized discount of $4)[note 8] $ 196
7.8% registered bonds callable at 105 beginning in 2034, due 2038(net of unamortized discount of $2)[note 8]65
Shareholders Equity
Equitystock warrants 5
Note 8: Bonds (in part)
The 7.0% bonds were issued in 2011 at 97.0 to yield 10%. Interest is paid semiannually on June 30 and December 31. Each $1,000 bond is convertible into 40 shares of the Companys no par common stock.
The 7.8% bonds were issued in 2015 at 103 to yield 10%. Interest is paid semiannually on June 30 and December 31. Each $1,000 bond was issued with 40 detachable stock warrants, each of which entitles the holder to purchase one share of the Companys no par common stock for $25, beginning 2025.

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