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 ?
LONDON (Alliance News) - Sirius Minerals PLC on Monday said it issued 17.2 million shares in response to bond conversion notices.
(184) As long as bank assets are positively correlated, there remains the possibility of a CoCo bond conversion in one bank leading to investor panic in another bank.
Summary: The two companies also announced the successful completion of Dh100 million bond conversion and investment transaction with - Green Crescent Insurance Company (GCIC).
The BDB Act also allows for an increase in the bank's capital (through a capital injection or bond conversion), while requiring the Bulgarian state to always maintain a minimum 51% stake in the bank.
To determine the double bond conversion of the resin as a function of the photoinitiator loading concentration a Bruker brand FTIR spectrometer was used.
15 November 2013 - Franco-Dutch group Air France-KLM SA (EPA:AF) expects its 25% stake in Alitalia - Compagnia Aerea Italiana SpA to drop to some 7% after its planned bond conversion and the Italian airline's capital increase which it will not support, Air France-KLM's CFO Philippe Calavia told Reuters.
15 November 2013 - Franco-Dutch group Air France-KLM SA (EPA:AF) expects its 25% stake in Alitalia a[euro]" Compagnia Aerea Italiana SpA to drop to some 7% after its planned bond conversion and the Italian airline's capital increase which it will not support, Air France-KLM's CFO Philippe Calavia told Reuters.
Folketrygdfondet received 2.66m shares and the State Bond Fund was awarded 13.3m shares in EMS in connection with bond conversion. Thus, Folketrygdfondet owns a total of 15.9m shares, or 14.25%, in EMS.
The kinetic conversion profiles are calculated from the decay of the absorption bands of the double bond group (CH=CH2) twisting vibration at 810 cm-1, and the characteristic absorption peak of carbonyl group (C=0) stretching mode at 1720 cm-' is used as the internal standard peak by integration of the peak areas.14 Hence, the double bond conversion (T) after a given exposure time (t) of CH=CH2 can be readily obtained from the ratio of the FTIR absorbance areas before (AQ) and after UV irradiation (A,) by equation 1.
Interfax reported that the Federal Financial Markets Service (FFMS) registered an obligatory buyout offer for minority shareholders of Azot Kemerovo from Sibur-MF, whose controlling interest in the company has increased from around 49% to 77% after a recent bond conversion. The company intends to buy out 2.4 mln shares in Azot and first series bonds, which corresponds to about 16% of its share capital after the bond conversion.
Global Banking News-16 February 2010-India approves changes to overseas convertible bond conversion price rule(C)2010 ENPublishing - http://www.enpublishing.co.uk
On Dubai Financial Market yesterday Shuaa Capital declined to its lowest in a month after Dubai Banking Group said it will start legal proceedings against the United Arab EmiratesEoe1/4ao biggest investment bank in a dispute over a Dhs1.5 billion ($408 million) bond conversion.