convertible bond

(redirected from Debt Exchangeable for Common Stock)
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Words related to convertible bond

a bond that can be converted to other securities under certain conditions

References in periodicals archive ?
s (Sprint) outstanding senior debt, debt exchangeable for common stock (DECS), and senior debt shelf registration are downgraded to 'BBB+' from 'A-' by Fitch IBCA, and removed from RatingAlert negative.
This rating is consistent with Sprint's outstanding senior debt and debt exchangeable for common stock (DECS) and Sprint Capital Corp.
The 'A-' ratings of Sprint's senior unsecured notes and debt exchangeable for common stock (DECS) are affected, as well as the 'A-' senior unsecured debt of Sprint Capital Corp.
Hughes' Class B shares include 5 million shares posted as collateral to secure his obligations in connection with the Debt Exchangeable for Common Stock (DECS) securities issued last year.
In addition, Sprint's outstanding senior debt, Debt Exchangeable for Common Stock (DECS), and senior debt shelf registration are affirmed at 'BBB+'.