Debentures such as convertible bonds are unsecured bonds that, in general, only the most creditworthy firms can issue.

Name: Debentures such as convertible bonds are unsecured bonds that, in general, only the most creditworthy firms can issue.
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Convertible bonds are typically unsecured and are often issued by firms with strong credit ratings, as they offer the option to convert into equity, which requires investor confidence in the firm's financial stability.

Debentures Such as Convertible Bonds Are Unsecured Bonds That, in General