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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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10-12-2007, 05:52 AM
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#1 |
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So Fucking Banned
Join Date: Oct 2007
Posts: 393
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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? |
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10-12-2007, 08:07 AM
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#2 |
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Confirmed User
Industry Role:
Join Date: Apr 2001
Location: Michigan
Posts: 4,488
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They can convert the bonds to stock
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