Contingent Convertible

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Contingent Convertible

A convertible bond in which the price of the underlying stock must reach a certain level before conversion is allowed. All convertible bonds have a conversion price, that is, the price one pays in order to exchange the bonds for stocks. Contingent convertible bonds, however, have a second, higher price that the underlying stock must meet before a bondholder is allowed to convert. For example, the conversion price for a convertible bond may be $10 per share, but if the stock price is below $20 per share, the investor may not convert the bond.
References in periodicals archive ?
Some delicious names in the spa menu include Coco Lassi Mask, Mango Smoothie Mask, Papaya Panna Cotta Mask, Coco Rice Pudding Scrub, Chocolate Cake Scrub, Coco Ice Cream Scrub and Neem Tea Mask, among others.
News , when Chanel turned 1, Coco and Ice-T threw her a Minnie Mouse-themed birthday bash.
A pal said: "Poor Coco just tried to ignore all the fuss."
"I feel the whole idea of doing Miss Coco is born out of this total creative place that is very spiritual for me," says Leupp.
For more than 38 years, during the term of presidents Cory Aquino, Fidel Ramos, Joseph Estrada, Gloria Arroyo and Benigno Aquino III, the coco farmers patiently waited for the release and distribution of the coco levy funds in cash.
Coco Collection is a prestigious hotel group, and a subsidiary of Sunland Hotels.
Coco Collection is proud to host this initiative at Coco Bodu Hithi and looks forward to Dr.
This re-launch is part of Coco Collection's strategy to continuously upgrade their online presence while seamlessly connecting with clients across the globe and increasing the online visibility of Coco Collection as a leading luxury boutique hotel brand in the region.
With these accolades highlighting the latest achievements in an impressive list of awards, Coco Collection offers unique attributes and an exceptional allure by embodying the fine art of excellent service, coupled with distinct Maldivian touches.
With Elza and Georgios at the helm of Coco Palm Dhuni Kolhu and Coco Bodu Hithi, respectively, and with Shafa overlooking the Marketing efforts of Coco Collection, we are confident that we will be able to inspire our guests with unique experiences and provide the ultimate in guest services,” comments Armand Chaudhary, Chief Operating Officer of Sunland Hotels and Coco Collection.
Paul's primary focus will be to warrant that guests of the island will be treated like true royalty and to create a sense of familiarity and intimacy for each guest that genuinely embodies the vision of Coco Prive Kuda Hithi Island Maldives: Your time.
According to her, coco coir products have a market potential because of its so many uses and application.