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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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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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Deferred equity