A type of convertible bond that is purchased and distributes principle payments in a foreign currency. It also allows the option to convert the bond into stock. As long as the issuing company remains viable, this debt instrument is attractive for both the issuer and the bondholders. The company can usually obtain lower interest financing terms in exchange for the warrants which can dramatically add value to the bonds. This arrangement helps ensure that the bondholders will be compensated for their investment. It also allows them to take advantage of any significant increase in the company's stock price.
Related information about foreign currency convertible bond (FCCB):
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A type of convertible bond issued in a currency different than the issuer's domestic currency. In other words, the money being raised by the issuing company is in ...
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Foreign Currency Convertible Bond - FCCB A type of convertible bond issued in a currency different than the issuer's domestic currency. In other.
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Definition of foreign currency convertible bond (FCCB): A type of convertible bond that is purchased and distributes principle payments in a foreign currency.
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Jul 31, 2011 ... A foreign currency convertible bond (FCCB) is a type of convertible bond issued by Indian companies in a currency different from the rupee.
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A Foreign Currency Convertible Bond (FCCB) is a type of convertible bond issued in a currency that is different from the domestic currency of the issuer.