convertible security

(redirected from Convertible Securities)
Also found in: Thesaurus, Financial.
Related to Convertible Securities: warrants, Convertible Shares

convertible security

n.
A security that, at the holder's option, may be exchanged for another asset, typically a fixed number of shares of common stock.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.convertible security - a corporate security (usually bonds or preferred stock) that can be exchanged for another form of security (usually common stock)
certificate, security - a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends; "he held several valuable securities"
References in periodicals archive ?
BANKING AND CREDIT NEWS-December 11, 2014-FCA prices offering of common shares, mandatory convertible securities
M2 EQUITYBITES-December 11, 2014-FCA prices offering of common shares, mandatory convertible securities
As a result of this transaction, Pinetree and its joint actors collectively held, as at November 19, 2014, an aggregate of 7,680,000 common shares of Goldspike, including the Common Shares, and rights to acquire an additional 2,650,000 common shares of Goldspike upon exercise of certain convertible securities (the Convertible Securities ).
ALPHA Bank Cyprus announced on Friday it was issuing new shares and convertible securities worth e1/4129 million to strengthen its capital in line with a diagnostic assessment.
1 (see further below) Bergen may convert some or all of each of the Convertible Securities into ordinary shares in the Company in full or in part at any time prior to the date that is 12 months from the date of issuance of the Convertible Security.
As a result of this transaction, Pinetree and its joint actors collectively held, as at November 1, 2011, an aggregate of 7,202,000 common shares of Creso, including the Common Shares and rights to acquire an additional 3,800,000 common shares of Creso upon exercise of certain convertible securities (the 'Convertible Securities').
The Gabelli Convertible Securities fund (NYSE: GCV; 800-422-3554) capitalized on the move to convertible securities--bonds that can be converted to stock--this year.
In any company's capital structure, convertible securities and their debt obligations hold a position senior to that of common stock.
128 requires all public companies to disclose basic EPS if they have a simple capital structure with no potential common shares from convertible securities, stock options or warrants.
NEW YORK -- BTIG, LLC, a global broker dealer specializing in institutional trading and related brokerage services, today announced another expansion to its Fixed Income group with the hiring of David Kallenberg as a Managing Director for its new Convertible Securities Desk in Los Angeles.
As a result of this transaction, Pinetree and its joint actors collectively held, as at November 18, 2014, an aggregate of 12,567,500 common shares of Potash Ridge, including the Common Shares, and rights to acquire an additional 2,000,000 common shares of Potash Ridge upon exercise of certain convertible securities (the Convertible Securities ).
The investment in the convertible securities will be interest free and on the following key terms: