It has the attraction of being convertible at some point in the future into equi
Spanish translation: Presenta/ Posee la ventaja/el atractivo de poder canjearse por acciones en el futuro.
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13:24 Feb 17, 2008
English to Spanish translations [PRO] Bus/Financial - Finance (general)
English term or phrase:It has the attraction of being convertible at some point in the future into equi
Convertible bonds will usually carry a lower rate of interest than a normal bond issued by the company. It has the attraction of being convertible at some point in the future into equity. The conversion price will be set at a premium to the existing share price, maybe 40–50% above.