LYON


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LYON

Liquid Yield Option Note

A convertible, callable, and putable zero-coupon bond. A LYON is a bond that is convertible to common stock and may be bought or sold as an option, but which does not pay interest. Because it pays no interest, it is issued at a considerable discount from par value of the bond. This guarantees a positive return to the investor, at least until such time as it becomes profitable for the investor to put the bond back to the issuing company for an amount over the issue price. Generally, the total return on a LYON is less than that of the company's common stock, assuming the company does well.
References in periodicals archive ?
Since the Mission Viejo loss, Lyon has dedicated himself to getting better.
Strikers Alain Caveglia and Marco Grassi have both grabbed four goals each in the league while Jacek Bak's thunderbolt in the first leg shows there are plenty of other dangerous players in the Lyon squad.
Larry Higby brings more than 30 years of corporate executive experience to his new position on the William Lyon Homes Board of Directors.
The quarterback that plays the best under pressure will win,'' said Lyon, who benched sophomore Cory Miles, in favor of freshman Marcel Marquez, after Miles threw two first-half interceptions against Grossmont.
General Lyon also announced that he will provide a subsequent offering period of three (3) business days, expiring at 12:00 midnight, New York City time, on Wednesday, May 17, 2006, unless extended.
Yudin finished with four catches for 107 yards, and Lyon raised his season totals to 2,976 yards passing and 26 touchdowns.
The contract covers monitoring services at the airports of Lyon Saint Exupery and Lyon Bron.
The Lyon Company is a vehicle that will allow me to work with companies in greater depth than I have been able to in the past.
Gerard Collomb, Senator-Mayor of Lyon and President of Greater Lyon said: "Dubai's bid for the World Expo 2020 demonstrates how large cities can rise to the challenges of the future, which is relevant to Lyon's own international development plan.
Lyon is the largest city in the Rhone-Alpes region and lies in a strategic location in the natural plain of the Rhone Valley.
Sydney, Feb 20 ( ANI ): Former Test spinner Nathan Hauritz believes Nathan Lyon is being weighed down by external pressures as India turns up the heat, branding the offie Australia's weakest link.
ST-ETIENNE v LYON 8pm TABLE-TOPPING Lyon look the value to reign supreme in the Rhone-Alps derby in Saint-Etienne this evening, writes Ben Roe.