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Part of the book series: Finance and Capital Markets Series ((FCMS))

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Abstract

Also known as hybrids, convertible and converting notes are usually issued by listed companies, and comprise a bond and one or more options. The simplest kind of convertible note is a bond with the right to convert the bond, at specified dates, to common equity in the issuing company.

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© 2002 Frances Cowell

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Cowell, F. (2002). Appendix 6: Convertible and Converting Notes. In: Practical Quantitative Investment Management with Derivatives. Finance and Capital Markets Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230501874_27

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