Convertible bonds have a provision that gives the bondholder an option to convert each bond owned into a fixed number of ordinary shares.

Name: Convertible bonds have a provision that gives the bondholder an option to convert each bond owned into a fixed number of ordinary shares.
Brand: Quizplus
Rating: 4.8 (61 reviews)

Question

Quizplus · Accepted Answer

Convertible bonds do have a provision that allows bondholders to convert the bonds into a fixed number of ordinary shares.

Convertible Bonds Have a Provision That Gives the Bondholder an Option