Sentence:  The first Eurobond offering was for Crédit National who issued $50m 13.75% five-year notes with six-month <WSD>warrants</WSD> to purchase the same principal amount of 13.75% ten-year bonds. The cum-<WSD>warrant</WSD> price of the note quickly rose to 105.5% in a rising market, yet the <WSD>warrants</WSD> alone were quoted at $15. 
Meaning of the word marked with <WSD> tags:  An option, usually issued together with another security and with a term at issue greater than a year, to buy other securities of the issuer.