Assertion: convertible bond's option | /r/CapableOf | convert note
Facets:
value: from a priority for recourse
type: PURPOSE
value: into shares of the issuing company
type: TRANSITIVE-OBJECT
value: into shares of stock
type: OTHER
Source sentences:
text: The convertible note holders receive the stated coupon and principal as well as the option to convert the notes into shares of stock.
text: Investors of senior convertible notes benefit from the option to convert their notes into shares of the issuing company and from a priority for recourse if the issuing company goes bankrupt.