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Deferred Equity

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Deferred equity
A common term for convertible bonds, which recognizes their equity component and the expectation that the bond will ultimately be converted into shares of common stock.

Deferred Equity
A convertible bond. One often refers to a convertible bond as a deferred equity because it is likely that the bondholder will exercise the convertible option and turn the bond into stock.


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Loyalty Rewards Escalator is a flexible premium deferred equity index annuity, and has an impressive number of options designed to meet consumers' needs, including:
0 million of its outstanding 6-1/2% Convertible Preferred Securities, Remarketable Term Income Deferred Equity Securities ("High Tides").
Net proceeds from the sale of the notes are approximately $196 million which will be used, along with availability under the Company's senior bank facility, to redeem approximately $310 million of its outstanding 6-1/2% Convertible Preferred Securities, Remarketable Term Income Deferred Equity Securities ("High Tides").
 
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