Exchange Currency

irredeemable convertible unsecured loan stock (ICULS)

The security that buys underlying common shares. Unlike a warrant, it is subject to the conversion ratio. It provides the safety of a bond until converted to equity. It has to be converted to shares when it is mature at the predetermined ratio, if the loan stock is not redeemable.

Related information about irredeemable convertible unsecured loan stock (ICULS):
  1. Irredeemable Convertible Unsecured Loan Stock (ICULS) Definition ...
    A type of security that can be used to purchase underlying common shares. It is similar to a warrant except that it is subject to the conversion ratio. In essence, an ...
     
  2. What is irredeemable convertible unsecured loan stock (ICULS ...
    Definition of irredeemable convertible unsecured loan stock (ICULS): The security that buys underlying common shares. Unlike a warrant, it is subject to the ...
     
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    Irredeemable Convertible Unsecured Loan Stock - ICULS Definition | Also find the definitions of each and every financial term right here at Finbox.
     
  4. Pricing Hybrid Securities: The Case of Malaysian ICULS
    Jan 15, 2009 ... An Irredeemable Convertible Unsecured Loan Stock (ICULS) is a hybrid instrument that has the features of both debt and equity. In essence, it ...
     
  5. Gabungan antara Hutang & Ekuiti
    ... unsecured loan stock -RCULS) atau saham pinjaman tidak bercagar boleh tukar tidak boleh tebus (irredeemable convertible unsecured loan stock - ICULS).
     
  6. REDTONE - Changes in Director's Interest (S135) - Dato' Wei Chuan ...
    1 day ago ... 57000 Kuala Lumpur. Descriptions(Class & nominal value), Irredeemable Convertible Unsecured Loan Stock ("ICULS") 2010/2020 of RM0.10 ...
     
  7. Lecture 10
    May 6, 2012... for• Stand alone and shorter longer period (10 years) period (18 months) 60; Irredeemable Convertible Unsecured Loan Stock (ICULS)• It is a ...
     
  8. Capital Requirement - Bank Negara Malaysia
    Aug 4, 1989 ... equity (including irredeemable convertible unsecured loan stock (ICULS));. • retained profits of shareholders; or. • very long-term debt ...