An option (here a call) that allows the holder of a callable bond (which is also a convertible bond) to...
An option (here a call option) that allows the holder of a callable bond (which is also a convertible bond)...
A convertible bond (CB) that can be called by the issuer any time over its life (time to maturity) or any time after a...
A type of leverage that is made up of borrowed funds such as loans, credit facilities, bond issuances, etc. Cash-producing leverage can be defined as...
With respect to convertible bonds, it is the principal amount divided by the bond's conversion ratio, which is actually the...
A bond that is issued for the sake of refinancing an existing bond issue before maturity. The proceeds from the...
A credit (in the form of loans, bonds, etc) that fills in the cusp between an investment-grade credit and a...