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You are advising a company that wants to issue convertible debt. The company wants to minimize interest payments and maximize equity credit from the rating
You are advising a company that wants to issue convertible debt. The company wants to minimize interest payments and maximize equity credit from the rating agencies. With these goals in mind, would you advise the company to implement the following provisions? Why? If not, what would you advise instead? a) High conversion premium b) Issuer controlled conversion
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