Finance
Term Income Deferred Equity Securities
August 23, 2023
Finance
Trust Structured Preferred
August 24, 2023

It stands for term income deferred equity security; a structured convertible (a convertible preferred security)/ a mandatory convertible security) that are convertible into the common stock of an issuer.

The issuer could be the same issuer of the securities or another registered entity. In the latter case, the securities (TIDES) are not considered convertible preferred security and are typically classified as long-term debt.

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