Many businesses issue loan stocks, which carry the right for holders to convert them into ordinary shares

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Many businesses issue loan stocks, which carry the right for holders to convert them into ordinary shares in the same business at a later date.

Why might a business choose to issue convertible loan stocks rather than make an issue of equity in the first place?

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Business Finance Theory And Practice

ISBN: 9780273702627

7th Edition

Authors: Eddie McLaney

Question Posted: Jul 21, 2024 06:00 AM

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Many businesses issue loan stocks, which carry the right for holders to convert them into ordinary shares

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Business Finance Theory And Practice

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