What are the risks of the Weil convertible bond?

Low emotional intelligence: Veral Convertible Bond sent money, then turned around and sent the money back in
Last day of trading, currently the premium rate is 2%, and the convertible bond is lower than par by a bit more than a dime. Five-point unusual movement in the underlying stock, plus the company is clearly short on cash—how come the convertible bond didn’t show any movement at all? Is there concern about repayment risk?

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