convertible loans

convertible loans

long-term LOANS to a JOINT-STOCK COMPANY that may be converted at the option of the lender into ORDINARY SHARES at a predetermined share price.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Following the agreement with Polymetal, Chaarat now has US$19.,68mln outstanding in convertible loans.
Global Banking News-December 3, 2018-Oasmia Pharmaceutical reports on conversion of convertible loans to shares
M2 EQUITYBITES-December 3, 2018-Oasmia Pharmaceutical reports on conversion of convertible loans to shares
NORDIC BUSINESS REPORT-December 3, 2018-Oasmia Pharmaceutical reports on conversion of convertible loans to shares
Jippii plans to issue two convertible loans and one convertible bond to reorganise its most significant debts.
Common incentive programs involve abatements of property, income or sales taxes; convertible loans (forgivable loans); training grants; or sales tax rebates.
IFC and the Africa Capitalisation Fund, a private equity fund managed by IFC Asset Management Company, are to provide Diamond Bank Plc with USD70m in convertible loans.
The board of directors will also demand from the general meeting to give the board the authorisation to raise convertible loans.
EMC Metals Corp (TSX:EMC), a specialty metals and alloys company, has agreed to issue convertible loans for total proceeds of USD650,000, it revealed on Monday.
The board had decided to immediately convert its convertible loans and call in all options in Betsson, the company said.