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exchangeable bond

   Also found in: Acronyms, Wikipedia 0.03 sec.
exchangeable bond
A special type of convertible security that permits the holder to exchange the bond for shares of a company in which the issuer has an ownership position. An exchangeable bond differs from an ordinary convertible bond in that a convertible permits the holder to convert it into shares of stock of the issuer.
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Kang and Korea Alcohol have attempted to mislead the shareholders into thinking that the exchangeable bond was merely a device to help current management.
Dong-A Pharmaceutical Co Ltd (000640 Ks) Urges Shareholders to Vote ... by Business Wire
investment bank JP Morgan Securities, up to 10 million Qimonda ADSs alongside its placement of the exchangeable bond.
Qimonda Welcomes Announcement of Infineon Sale of Qimonda Shares by Business Wire
Under the stock purchase program, purchases of MPEL ADS's may be made by the SPV in an amount up to the net proceeds of the Exchangeable Bond offering in the open market and negotiated purchases over a period of up to the five year term of the Exchangeable Bonds.
PBL/Melco Joint Venture to Issue up to US$250 Million of Exchangeable ... by Business Wire
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