Convertible Bonds are hybrid financial instruments that can be converted into a predetermined number of shares of the issuing company. Explore the structure, benefits, historical context, and practical applications in this comprehensive guide.
The dollar value at which convertible bonds, debentures, or preferred stock can be converted into common stock; typically announced when the convertible security is initially issued.
A kicker, also known as a sweetener, is a feature added to a debt obligation to enhance its marketability by offering prospects of equity participation, such as convertibility to stock or ownership participation in mortgage loans.
An in-depth explanation of Asset Swapped Convertible Option Transactions (ASCOT), a financial instrument that strips the equity conversion portion from a convertible bond. Explore its types, uses, advantages, examples, and historical context.
A comprehensive guide to understanding Foreign Currency Convertible Bonds (FCCB), including their definition, how they work, their applications in the financial world, and important considerations.
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