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Re: TenKay post# 92692

Friday, 05/08/2015 10:39:03 AM

Friday, May 08, 2015 10:39:03 AM

Post# of 112299
Big stocks use convertible notes, too. In most cases, the conversion is dependend on the conditions of the bonds. The bond capital may be changed to share equity capital at the end of runntime of the bond. Sometimes the conversion or conversion rate is also dependend, if a special share price was reached or not. There are several different type of convertible bonds, which are used by big companies.