Contingent Conversion Trigger financial definition of Contingent Conversion Trigger. Contingent Conversion Trigger finance term by the Free Online Dictionary.

Contingent conversion trigger

Used in the context of convertible instruments. The price of the stock must exceed the trigger price before the bond holder can convert to common stock at a pre-established conversion price. The trigger price exceeds the conversion price. In addition, after a certain number of years, the convertible instrument usually specifies that both the conversion price and the contingent conversion trigger will increase every year by, for example, a rate equal to LIBOR.

Contingent Conversion Trigger

In contingent convertible bonds, the price that the underlying stock must reach before conversion is allowed. All convertible bonds have a conversion price, which is the price one pays in order to exchange the bonds for stocks. Contingent convertible bonds, however, have a second, higher price that the underlying stock must meet before a bondholder is allowed to convert. This is called the contingent conversion trigger. For example, the conversion price for a contingent convertible bond may be $10 per share, but if the stock price is above $20 per share, the investor may not convert the bond. In this case, the contingent conversion trigger is $20. See also: Provisional Call Trigger Price, Trigger Price.

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
No references found	As previously announced by IVAX, these notes are now convertible at the option of the holders, as IVAX has waived the contingent conversion triggers. Teva and IVAX Decline 'Public Acquirer Fundamental Change' Option for ... by Business Wire As previously announced by IVAX, these notes are now convertible at the option of the holders, as IVAX has waived the contingent conversion triggers. IVAX and Teva Decline ``Public Acquirer Fundamental Change'' Option ... by Business Wire 5% Convertible Senior Notes due 2025 will, effective as of December 1, 2005, become convertible at the option of the holders, as the contingent conversion triggers for the respective notes have been waived by IVAX as of such date. IVAX Issues Statement Regarding Outstanding Convertible Notes by Business Wire	Contabilidad de la inflacion Contabilidade Contabilidade de custos Contabilizacao dos efeitos da inflacao Contador Contador publico nacional Contagion contamination Contango Contas a pagar Contas a receber Contas de Grupo Contate Contencao voluntaria das exportacoes Conti di Gruppo contiguous Contingency contingency clause Contingency Graph Contingency Order Contingent Contingent Annuity Contingent Asset Contingent Beneficiary Contingent claim Contingent Conversion Trigger Contingent Convertible Contingent Convertible Bond Contingent Deferred Sales Charge Contingent Deferred Sales Load Contingent Guarantee Contingent Immunization Contingent Issue contingent liability contingent offer Contingent Order Contingent pension liability Contingent Rent contingent takedown option Contingent Value Right Contingent Voting Power Contingent Voting Rights Contingente di importazione Continuation Pattern continuing care retirement community continuing operations Continuous Compounding Continuous Net Settlement continuous occupancy clause Continuous Online Trading System continuous operations clause	Contingency Theater Air Planning System Contingency Theater Automated Planning System Contingency Training Equipment Pool Contingency Wartime Planning Contingency Wartime Planning Course Contingency Waste Container Contingency Water Container contingency ZIP Code Contingency, Exercise & Mobility Contingency-Theater Automated Planning System contingent contingent contingent contingent contingent contingent agreement Contingent Annuities contingent annuity Contingent Asset Contingent Assets contingent behavior contingent behavior contingent behavior contingent behavior Contingent Beneficiaries Contingent Beneficiaries contingent beneficiary contingent beneficiary Contingent Business Interruption Contingent claim Contingent Conversion Trigger Contingent Conversion Triggers Contingent Convertible Contingent Convertible Contingent Convertible contingent convertible bond Contingent Convertible Bonds Contingent Convertibles Contingent Convertibles Contingent damages contingent deed held in trust Contingent deferred sales charge Contingent deferred sales charge Contingent deferred sales charge Contingent deferred sales charge Contingent Deferred Sales Charges Contingent deferred sales load Contingent deferred sales load Contingent Deferred Sales Loads contingent effects Contingent estate contingent event Contingent fact Contingent fact Contingent fact Contingent fee Contingent fee Contingent fee Contingent Guarantee Contingent Guarantees Contingent immunization

Mentioned in

References in periodicals archive

Financial browser

Full browser

No references found

As previously announced by IVAX, these notes are now convertible at the option of the holders, as IVAX has waived the contingent conversion triggers.

Teva and IVAX Decline 'Public Acquirer Fundamental Change' Option for ... by Business Wire

As previously announced by IVAX, these notes are now convertible at the option of the holders, as IVAX has waived the contingent conversion triggers.

IVAX and Teva Decline ``Public Acquirer Fundamental Change'' Option ... by Business Wire

5% Convertible Senior Notes due 2025 will, effective as of December 1, 2005, become convertible at the option of the holders, as the contingent conversion triggers for the respective notes have been waived by IVAX as of such date.

IVAX Issues Statement Regarding Outstanding Convertible Notes by Business Wire

Contabilidad de la inflacion

Contabilidade

Contabilidade de custos

Contabilizacao dos efeitos da inflacao

Contador

Contador publico nacional