Assertion: convertible bond | /r/HasProperty | offered for subscription
Facets:
value: in proportion to their existing stakes
type: OTHER
value: under the swiss code of obligations
type: OTHER
value: to the company's existing shareholders
type: TRANSITIVE-OBJECT
Source sentences:
text: Under the Swiss Code of Obligations (CO), if convertible bonds are issued in the context of a conditional capital increase, they must first be offered for subscription to the company's existing shareholders in proportion to their existing stakes.