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.
References in periodicals archive ?
CIC Capital Seychelles was offered GBP150,000 in unsecured, convertible loans paid on 7th May and GBP1.
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.
TSX: EMC) announces that it has agreed to issue convertible loans for total proceeds of USD$650,000.
M2 EQUITYBITES-February 5, 2013-EMC agrees to issue convertible loans for proceeds of USD650,000(C)2013 M2 COMMUNICATIONS http://www.
At the same time, loan agreement terms with three prior lenders having outstanding loan balances totaling US$1,187,500 have been conformed to the same terms as those for these new convertible loans.
6 million term loan for repayment of Oblio's loans with CapitalSource Finance, LLC, and a $2 million term loan for Titan's Electronics and Homeland Security Division's senior convertible loans due to Laurus Master Fund, Ltd.
The new Greystone financings will be used to repay the existing credit facilities of each Titan Division, including repayment of Oblio's loans with Capital Source, and Titan's Electronics and Homeland Security Division's senior convertible loans due to Laurus, and to provide for future working capital requirements.
The new financings will also be used, in part, to repay senior convertible loans due to Laurus Master Fund, Ltd.
As previously announced, Aberdeen has created a new financial instrument that provides secured convertible loans where the coupon is paidthrough a combination of a fixed interest rate and a Net Smelter Return (NSR) royalty which is tied to the price of gold and escalates as the price of gold moves higher.
2,000,000 of the redemption price of the Preferred Shares, being the stated capital amount of the Preferred Shares, was satisfied by the issuance of an aggregate of $2,000,000 principal amount of convertible loans on substantially the same terms as the Debentures to Renaissance, EGF and EILP.
Simultaneous with the execution of the Placing Agreement, the Company has entered into a Reorganization Agreement pursuant to which certain outstanding convertible loans to the Company amounting in the aggregate to GBP2,154,000 ($3.