Convertible Debenture

(redirected from Convertible Debentures)

Convertible Debenture

An unsecured, convertible bond. That is, a convertible debenture is a bond with no collateral that may, at the bondholder's discretion, be exchanged for common stock in the company issuing the bond. See also: Compulsory convertible debenture.
References in periodicals archive ?
00 as previously announced on December 13, 2017) pursuant to the Agents Option (as defined below) through the issuance of unsecured convertible debentures (the Convertible Debentures) at a price of CDN$1,000.
Apollo Gold Corporation (TSX: APG) (AMEX: AGT), a US-based mining company that explores for gold and other metals, has reached an agreement with RAB Special Situations (Master) Fund Limited (RAB), the largest holder of unsecured convertible debentures of the company due February 23, 2009, to extend the maturity date of the convertible debentures held by RAB.
The consideration under TDC's increased offer, SEK95 per share and convertible debentures, is higher than the consideration under Tele2's offer, SEK85 per share and convertible debentures, according to the company.
Donnycreek or the Company ) reports that it has elected to redeem all of its outstanding ten percent (10%) redeemable, convertible, unsecured debentures due June 15, 2014 ( Convertible Debentures ) with such redemption to be effected on June 30, 2013.