Assertion: convertible bond's option | /r/CapableOf | exchange the bond
Facets:
value: for the stock of a company
type: TRANSITIVE-OBJECT
value: under prescribed conditions
type: OTHER
value: at some future date
type: TEMPORAL
value: for shares of company stock
type: TRANSITIVE-OBJECT
Source sentences:
text: This type of bond gives the bondholder the option to exchange the bond for a predetermined amount of the bond issuer's equity.
text: Convertible bonds are corporate bonds that offer bondholders the option to exchange the bonds for a certain number of common or preferred stock shares if the company's stock price rises above a specified level, referred to as the conversion price.
text: They differ from traditional bonds in one important way, however; investors who hold convertible bonds have the option to trade the bond in for shares of company stock.
text: Exchangeable bond (or XB) is a type of hybrid security consisting of a straight bond and an embedded option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary or company in which the issuer owns a stake) at some future date and under prescribed conditions.
text: Convertible bonds give investors the option to exchange the bond for a pre-fixed number of shares of a company.