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 ?
Seeing that the woman's husband was ill, Lyon offered to take her bags and when she refused he grabbed hold of them.
The Ambassador will inaugurate the Pakistani pavilion in Multicultural village setup by the town hall of Lyon and will hold meetings with the political and business leadership of the Lyon city which is the second biggest city of France.
Lyon was left out of the second Test against India in Hyderabad, but bounced back in the final two Tests of the 4-0 series defeat, the report added.
We are working together with Emirates Holidays to develop packages to Lyon combines with other cities like Paris, the French Alps or even Geneva," he added.
HE Guy Mathiolon, Chairman, Lyon Chamber of Commerce and Industry, expressed his Chamber's interest in enhancing mutual cooperation between Lyon and Dubai and to open new channels of communication between the members of their chambers.
Lyon first taught at Quartz Hill High School before moving over to the Lancaster School District, where she worked for 17 years before retiring in 2004.
The strongest juxtapositions at Lyon appeared in the opening passage of works at the Institut d'Art Contemporain: a soft interplay beginning with the cultural-revolution sensibility of Yoko Ono's Film No.
Justin Espie, prosecuting, said Malcolm Davies was at the home of his sister and saw Lyon there.
Among some of the young talents to emerge was France's Delphine Gaud, founder of the company La Trisande, who performed all emotionally charged solo in the intimate basement theater of the Lyon Opera House.
Christopher Lyon claimed he had assumed the various roles in the corporation at his father's direction.
Sarah Morris, Faber Maunsell; Sarah Corser, Challinors Lyon Clark; Lindsay Burgess, Lindsay de Paul
We needed something affordable and practical, that allowed students the ability to do writing anywhere," Lyon recalls, so the decision was made to purchase a handheld computer and add-on keyboard for every student and staff member at the new high school.