convertible bond loans? Anyone know what they are?

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  • Retributi0n
    So Fucking Banned
    • Oct 2007
    • 393

    #1

    convertible bond loans? Anyone know what they are?

    A convertible bond loan is not like a cash money Business loan right?

    Does anyone know exactly what a convertible bond loan is?


    Lets say a bank issues a company a convertible bond loan of 1 million.

    what exactly does that mean?
  • The Heron
    Confirmed User
    • Apr 2001
    • 4496

    #2
    They can convert the bonds to stock

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