Hewlett Packard Enterprise Company ( HPE ) priced an offering of $1.35 billion worth of new series C mandatory convertible preferred stock, at $50 per share. The shares will convert to common stock in September 2027, at a conversion ratio of between 2.5352 Whether you are the kind of investor who sticks with preferred stocks with a CDx3 Compliance Score rated 10 out of 10, or whether your portfolio has room for 9-score-and-lower securities, stay tuned for future articles recapping new IPOs and interesting p ...