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convertible bond

American  

noun

  1. a bond that can be exchanged for a fixed number of shares of the common stock of the issuing company at the holder's option.


Example Sentences

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“What benefits convertible bond issuers: high stock prices, tight credit spreads, and well-supported stock volatility. We have all three of those things right now,” said Michael Youngworth, head of global convertibles strategy at BofA Securities.

From The Wall Street Journal Jun. 17, 2026

EchoStar’s equity market value now is roughly $39 billion assuming conversion into stock of a convertible bond deal.

From Barron's Jun. 12, 2026

Senate confirmation hearing that Cantor's investment in Tether is in the form of a convertible bond.

From Salon Feb. 6, 2025

Jana said management "recklessly" deployed capital, raised capital through an equity-linked convertible bond as markets tumbled after the collapse of Silicon Valley Bank, and installed a "misaligned" management compensation program.

From Reuters May 24, 2023

Just what emotion, for example, is appropriate in the presence of the four and a half per cent convertible bond of the Chesapeake and Ohio Railway Co.?

From The Value of Money by Anderson, Benjamin M.

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