A type of mandatory convertible preferred (specifically a synthetic PERCS issue) which is typically issued at a zero premium and...

A type of mandatory convertible preferred (specifically a synthetic PERCS issue) which is typically issued at a zero premium and...

It stands for yield enhanced stock; a type of equity derivative; by definition, it is a type of convertible preferred...

A type of equity derivative; by definition, it is a type of convertible preferred that has a preset cap on...