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Retributi0n

10-12-2007 05:52 AM

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

10-12-2007 08:07 AM

They can convert the bonds to stock

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