Conversion ratio

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Revision as of 22:07, 4 August 2013 by imported>Doug Williamson (Spacing)
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Convertible bonds. The number of ordinary shares (or other securities) for which each convertible bond may be exchanged, at the bondholder's option.

For example, if each convertible bond may be exchanged for 40 ordinary shares, then the conversion ratio is 40.

See also