Convertible bonds can be converted into ordinary shares at some predetermined ratio at the discretion of the bondholder.

Name: Convertible bonds can be converted into ordinary shares at some predetermined ratio at the discretion of the bondholder.
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Quizplus · Accepted Answer

Convertible bonds give the bondholders the option to convert their bonds into ordinary shares at a predetermined ratio, thus allowing them to participate in any potential upside in the company's stock price.

Convertible Bonds Can Be Converted into Ordinary Shares at Some