Assertion: bondholder | /r/CapableOf | convert bond
Facets:
value: to shares
type: TRANSITIVE-OBJECT
value: to stock
type: TRANSITIVE-OBJECT
Source sentences:
text: Convertible bonds can also affect the equity accounts “common stock” and “paid-in capital in excess of par” if a bondholder converts a bond to stock.
text: That means the bondholder can convert the bond to shares at a 25% premium to the stock price when the bond is issued – in this case, $50 a share.