convertible bond

Last week brought word of a new convertible bond issue.

It will pay a 13.2 percent premium to buy the company's convertible bonds.

So the convertible bond should be classified as a liability.

Also, convertible bonds are usually less volatile than regular shares.

The rush to convertible bonds may indicate the beginning of a death spiral.

It sold €1.5 billion in convertible bonds to the state.

Convertible bonds allow issuers to issue debt at a lower cost.

Convertible bonds are most often issued by companies with a low credit rating and high growth potential.

The $100 million issue of convertible bonds pays 5 1/2 percent interest.

Convertible bonds are sold to investors at a discount to the current stock price - usually 20 to 25 percent.

The convertible bond market is far less liquid than the stock market.

Investors in its stock and convertible bonds lost more than $14 billion.

Convertible bonds have value regardless of their convertibility to common stock.

Funds that hold convertible bonds and preferred stocks have similar objectives.

And convertible bonds are included if the bond was originally issued at a low interest rate.

This did much to give credence to convertible bonds, then still a novelty.

In April it sold $894.3 million worth of convertible bonds.

About five years ago, the convertible bonds accounted for roughly 70 percent of the fund's assets.

Compared to other global markets, European convertible bonds tend to be of high credit quality.

He raised nearly $8 billion last year in stock and convertible bond offerings.

The company also has $200 million in convertible bonds outstanding, but those are not due until 2007.

The second are convertible bonds, which normally track the prices of their underlying common shares.

The moratorium involves new convertible bonds, warrants and common stocks.

Finally, there was the matter of convertible bonds.

The stock and convertible bonds will not be offered for sale in the United States.