Definition of Forced conversion - Finance dictionary
Forced conversion(See Chapter 25 of the Vernimmen)
In relation with a convertible Bond, a "forced conversion" designates the process whereby the issuer exercises his right to force the holders of the convertible Bond to receive the pre-defined amount of shares in exchange of the principal.
Forced conversion(See Chapter 25 of the Vernimmen)
In relation with a convertible Bond, a "forced conversion" designates the process whereby the issuer exercises his right to force the holders of the convertible Bond to receive the pre-defined amount of shares in exchange of the principal.
Forced conversion(See Chapter 25 of the Vernimmen)
In relation with a convertible Bond, a "forced conversion" designates the process whereby the issuer exercises his right to force the holders of the convertible Bond to receive the pre-defined amount of shares in exchange of the principal.