Why the Soul Patts (ASX:SOL) share price will be on watch today

The Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) share price will be on watch this morning. This comes after the investment house announced an unsecured senior convertible notes offer after yesterday’s market close. The Soul Patts share price finished Thursday’s session 1.2% higher at $29.00.

Why will the Soul Patts share price be in focus?

Investors will be keeping an eye on the Soul Patts share price this morning after the company advised it’s launching a $250 million unsecured convertible notes offer to eligible investors. The offer will consist of a base issue size of $225 million, with a further $25 million upsize option. The notes have a 5-year maturity date, expiring January 2026, at which time they will be…