Convertible eurobond

A eurobond that can be converted into another asset, often through exercise of attached warrants.

Convertible Eurobond

A bond denominated in a currency, other than that of the issuing country, that may be exchanged for common shares or other assets. Generally speaking, one exercises the conversion option of a Eurobond indirectly through warrants attached to it.

References in periodicals archive ?

The convertible Eurobond maturing in 2014 amounts to $265 million with the yield to maturity of 4.13% per annum.

UFS Investment Company - Special Comment on Alliance Oil Company's Eurobond Offering, Apr 18, 2013

Today (22 June), Evraz Group published a voluntary incentive payment offer for the holders of its $650mn 7.25% convertible eurobond due in 2014.

ATON - EVRAZ: CONVERSION OFFER: Finding Gold between a Rock and a Hard Place - Jun 21, 2011

Unfortunately, along with these acquisitions, we'd gained an increasing bank overdraft and an onerous issue of convertible Eurobonds. We were running out of control.

We were in the early days of a severe recession, interest rates were rising, our borrowings were high, the convertible Eurobonds had to be repaid and we had too many businesses and not enough good managers to run them.

The new black: when David Jones took over as CEO of Next, half its stores were loss-making, the brand was splintered and a recession was looming. He explains his role in rescuing the business

Convertible Eurobonds to ease short-term debt situation.

Uralsib - Russia Equity Research - TMK - Russian Shale Gas Play; Underestimated volume growth, Upgraded to Buy - Mar 29, 2010