Floating Convertible Bond

  • Fully customisable.
  • Tenure is less than 3 years.
  • Interest rate is between 10% and 15%.
  • The investor will put in the full amount since day 1.
  • The convertible price is “floating” as the investor invested in the full amount into the listed company.
  • Investor has the option not to convert the bonds and the listed company has to return the full amount plus interest at the end of the tenure.

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