bond conversion

Bond Conversion

The exchange of a convertible bond for common shares, nearly always in the company issuing the convertible bond. See also: conversion option.

bond conversion

The exchange of a convertible bond for another asset, generally shares of common stock.
References in periodicals archive ?
Finally, as the double bond conversion approaches a plateau due to vitrification of the resin, the rate of heat production becomes negligible compared with the rate of heat transfer, and so the temperature decreases rapidly.
5 billion bond conversion with Dubai Banking Group.
As the bond conversion has not occurred, this approach requires revisiting -- hence, the rating review, which will be concluded within three months or following Shuaa's EGM.
The new shares resulting from the OCEANE bond conversion will have right of possession effective from January 1st, 2007.
This bond conversion -- actually, a fixed-floating interest rate swap -- would protect the capital position of the BOJ from increases in long-term interest rates and remove much of the balance sheet risk associated with open-market operations in government securities,'' he said.
Infrared measurement of the extent of double bond conversion was accomplished using a Mattson Galaxy Series 6020 FT-IR spectrometer with a spectral resolution of 2 [cm.
The Bonds may be converted any time prior to the Redemption Date by the bondholder surrendering the original Bond certificate to the Paying Agent/Trustee along with either (1) the conversion notice (located on the back of the certificate) duly completed and executed, or (2) a separate Bond Conversion Election Form contained in the Letter of Transmittal duly completed and executed.
This included [pounds sterling]31m of bond conversion and was
30, 1996, the company reported net income of $188,000, or 4 cents per share before bond conversion expense on revenues of $5,171,000, compared with a net loss of $160,000, or 5 cents per share on revenues of $977,000, in the same quarter last year.