Whether the convertible notes issued in Feb 2008 trade? If not, anyone know who took them up?

i don't think they ever stated who acquired the convertibles. they do not trade, at least not in the states, according to the excerpt i have highlighted. they can be converted at $43.33 and the company cannot call them for five years.

VANCOUVER, BRITISH COLUMBIA, Feb 27, 2008 (Marketwire via COMTEX News Network) -- Silver Standard Resources Inc. ("Silver Standard") (TSX:SSO)(NASDAQ:SSRI) announced today the closing of its previously announced offering of senior unsecured convertible notes due March 1, 2028 (the "Convertible Notes"). (See Silver Standard's news release dated February 22, 2008 for details.)

The over-allotment option granted to the initial purchasers was exercised in full and net proceeds realized from the offering were approximately US$134 million, after underwriting commissions and issue expenses. As previously announced, Silver Standard expects to use a part of the net proceeds of the offering to finance a portion of the development costs of its Pirquitas Project and to use the balance of the net proceeds for the exploration of its other properties, for working capital and for general corporate purposes.

The offering was made pursuant to Rule 144A and Regulation S under the Securities Act of 1933 (the "Act"). The offering has not been and will not be registered under the Act, and none of the Convertible Notes or any Silver Standard common shares issuable upon any conversion of the Convertible Notes may be offered or sold in the United States absent registration under the Act or the availability of an applicable exemption from registration requirements. Offers and sales in Canada were made only pursuant to exemptions from the prospectus requirements of applicable Canadian provincial or territorial securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.

http://ir.silverstandard.com/release...