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13:46 Mar 3, 2004
English to German translations [PRO] Bus/Financial - Finance (general)
English term or phrase:beneficial conversion feature
Our preferred stock contained a **beneficial conversion feature** whereby the preferred stock could convert into common stock at a rate of 80% of the initial public offering. The net amount of this one-time non-cash **beneficial conversion feature** was XXX million.
Ich weiß, worum es hier geht, kenne aber keine deutsche Entsprechung. Kann jemand helfen?