Convertible Debenture
外汇网2021-06-19 20:55:55
68
A type of loan issued by a company that can be converted into stock by the holder and, under certain circumstances, the issuer of the bond. By adding the convertibility option the issuer pays a lower interest rate on the loan compared to if there was no option to convert. These instruments are used by companies to obtain the capital they need to grow or maintain the business.
|||Convertible debentures are different from convertible bonds because debentures are unsecured; in the event of bankruptcy the debentures would be paid after other fixed income holders. The convertible feature is factored into the calculation of the diluted per-share metrics as if the debentures had been converted. Therefore, a higher share count reduces metrics such as earnings per share, which is referred to as dilution.
标签：
随机快审展示
推荐文章
- 黑马在线:均线实战利器 8413 阅读
- 短线交易技术:外汇短线博弈精讲 3800 阅读
- MACD震荡指标入门与技巧 3948 阅读
- 黄金操盘高手实战交易技巧 4274 阅读
- 做精一张图 3059 阅读
热门文章
- 港币符号与美元符号的区别是什么啊？ 23574 阅读
- 我国各大银行汇率为什么不一样啊？ 13854 阅读
- 越南盾对人民币怎么算的？越南盾对人民币汇率换算方法是什么 9606 阅读
- 百利好环球欺诈，不给出金，无法联系。 8960 阅读
- 黑马在线:均线实战利器 8413 阅读