convertible bond

(redirected from Convertible debenture)
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Noun1.convertible bond - a bond that can be converted to other securities under certain conditions
bond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
References in periodicals archive ?
45 per share the value of the 5% Convertible Debenture was approximately $3,046 as compared to the par value of redemption plus call premium of $1,010.
OTCBB:WFYW), a leading developer of GPS-enabled wireless location products and services, today announced an amendment to the agreement relating to the redemption of Wherify Wireless' outstanding secured convertible debenture obligations to Cornell Capital Partners ("Cornell").
The principal reasons for net income were $2,613,000 of non-cash net income related to fair value accounting and interest expense associated with the Company's convertible debenture.
OTC BB: NEOM), an innovator in market-driven technologies, announced today that it has secured $5 million in financing through the sale of a secured convertible debenture to Cornell Capital Partners, LP.
The company's board of directors also agreed to amend existing convertible debenture agreements currently held by its primary lender to offer the same conversion price structure as the new convertible debentures.
5 Units issued by EMS with each Unit being comprised of (i) 500 series 1 preferred shares and (ii) $950 principal amount of a 5% secured convertible debenture.
The company replaced the existing $1,009,347 of Convertible Debentures plus accrued interest of $41,012 with a new convertible debenture.
Apollo Gold Corporation (TSX: APG) (AMEX: AGT), a US-based mining company that explores for gold and other metals, has reached an agreement with RAB Special Situations (Master) Fund Limited (RAB), the largest holder of unsecured convertible debentures of the company due February 23, 2009, to extend the maturity date of the convertible debentures held by RAB.
The consideration under TDC's increased offer, SEK95 per share and convertible debentures, is higher than the consideration under Tele2's offer, SEK85 per share and convertible debentures, according to the company.
461203AD3) (the "Convertible Debentures") have become convertible at the option of the holders beginning on July 1, 2011 and will remain convertible through September 30, 2011, as provided in the Indenture relating to the Convertible Debentures, dated as of February 12, 2007, between Invacare and Wells Fargo Bank, N.
Donnycreek or the Company ) reports that it has elected to redeem all of its outstanding ten percent (10%) redeemable, convertible, unsecured debentures due June 15, 2014 ( Convertible Debentures ) with such redemption to be effected on June 30, 2013.