A security formed as a hybrid with characteristics of both debt and equity. It can be exchanged at a future date for either shares of common stock or for a new equity issue. Convertible adjustable preferred stock, equity contract notes, and equity commitment notes are all types of mandatory convertibles.
Related information about mandatory convertible:
- Mandatory Convertible Definition | Investopedia
Either on or before a contractual conversion date, the holder must convert the mandatory convertible into the underlying common stock. These securities provide ...
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May 7, 2009 ... Mandatory convertibles are a little understood security with some distinct advantages. Find out if they are right for you.
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We explain the definition of a Mandatory Convertible, provide a clear example of how it works and explain why it's an important concept in business, finance ...
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Nov 15, 2012 ... In trading on Thursday, shares of AngloGold Ashanti Ltd's 6.00% Mandatory Convertible Subordinated Bonds due 2013 (NYSE: AU.PRA) were ...
- Mandatory Convertible - Financial Dictionary - The Free Dictionary
A bond that must be converted into common stock in the company issuing it on or before a certain date. An advantage of a mandatory convertible to the investor ...
- Why Issue Mandatory Convertibles? - Bad Request - Boston College
are common in almost all mandatory convertible issues? How should a ... using two specific examples of mandatory convertible issues. The first example ...
- Goodyear Tire: Mandatory Convertible Preferred Vs. Common Stock ...
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- Volkswagen Group Mandatory Convertible Notes
Nov 5, 2012 ... The Management Board of Volkswagen Aktiengesellschaft today decided with the approval of the Supervisory Board to issue subordinated ...