Convertible Bond - Redemption Options/strategies

Redemption Options/strategies

  • Soft put - can be redeemed for cash, stock or notes or a combination of all three at the company's discretion.
  • Hard put - payable only in cash
  • Protective put - buying a put option for the underlying bond security
  • Subordinated put -
  • Convertible put - convert to share by paying a charge

Read more about this topic:  Convertible Bond

Famous quotes containing the words strategies and/or redemption:

    By intervening in the Vietnamese struggle the United States was attempting to fit its global strategies into a world of hillocks and hamlets, to reduce its majestic concerns for the containment of communism and the security of the Free World to a dimension where governments rose and fell as a result of arguments between two colonels’ wives.
    Frances Fitzgerald (b. 1940)

    Now when these things begin to take place, stand up and raise your heads, because your redemption is drawing near.
    Bible: New Testament, Luke 21:28.