effects on the company, shareholders and holders of the convirtable bond
2006-11-18 02:48:15 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing
effects when company buys back (convirtable) bonds
2006-11-18 03:53:06 · update #1
Effect on company:
Lower interest costs, shift of financing over to equity from debt
Effect on shareholders:
Dilution to old shareholders, possible change in control due to change in percentage ownerships and/or shift in eligibility for directorship
Effect on holders of convertable bonds:
Stop receiving coupon payments (if there were any), start receiving dividends (if applicable),now an equity owner, potentially eligible for directorship (if ownership is high enough)
2006-11-18 02:53:38 · answer #1 · answered by csanda 6 · 1⤊ 0⤋
Make the ice tea mixture - and freeze it til slushy. Make lemon/lime ade with the lemons; limes (save some slices) water. Freeze til slushy. mixture all in a punch bowl. Stir in all the fruit and flow the reserved lemon and lime slices on proper.
2016-12-29 04:46:30 · answer #2 · answered by ? 3 · 0⤊ 0⤋