Convertible Debenture


Also found in: Dictionary, Thesaurus.

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 ?
AF Poyry said that its annual general meeting, held 15 May 2019, adopted a convertible debenture programme for its key staff.
If and whenever at any time after the date hereof and prior to the maturity date, the company issues common shares at a price per common share less than the conversion price, the conversion price of all convertible debentures issued in the private placement will be adjusted to the greater of the Issuance Price and CDN 0.10 per common share.
The Convertible Debenture was part of the consideration Madalena received when the non-core Canadian assets were sold effective May 1, 2016.
316 and includible in the gross income of the convertible debenture holders under Sec.
Convertible debenture executive compensation programs are complicated, and the services of a qualified executive compensation consultant should be sought when setting up a program.
The Convertible Debenture (Debenture) in the amount of $ 120,750.00 expired on December 29, 2017.
The convertible debenture transaction was completed in connection with the reverse take-over transaction involving GNAC and Oceanside Capital Corp., which RTO Transaction closed on 9 June 2015.
(NEX:ITK.H) said it has entered into a convertible debenture with NCEG Capital Corp in the principal amount of CDN90,000.
(CSE:KNR) (OTCQB:KNRLF) (FSE:1K8) ('Kontrol' or 'Company') a leader in the energy efficiency sector through IoT, Cloud and SaaS technology is updating the timing of its recently announced acquisition (the 'Acquisition') and convertible debenture financing.
The Company is also pleased to report that the previously announced convertible debenture offering (See News Release dated November 29, 2017) is oversubscribed, with $2,300,000 of convertible debentures having been sold to date.
19 April 2012 - BMO Capital Markets has acted as lead manager and sole bookrunner for the CAD48m (USD48m/EUR37m) convertible debenture issue of Canadian real estate consulting firm Altus Group Ltd (TSE:AIF), the company said on Thursday.
Travel Business Review-August 29, 2011--VRX Worldwide Closes Convertible Debenture Financing(C)2011] ENPublishing - http://www.enpublishing.co.uk