Given Osiris's strong five -
year record of growth and profitability, Bowers was able to
help make Miller's wishes come true: he structured a deal that
raised $ 13 million from a large local pension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and
dividend yield.