Type of debenture that provides the issuer with the ability to convert it into common stocks while on some occasions maintaining the same rates. The benefiting party may be a subsidiary or affiliate. Exchangeable debentures are often compared to convertibles because they have similar characteristics, but convertibles cannot be exchanged in this manner.
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- What is exchangeable debenture? definition and meaning
Definition of exchangeable debenture: Type of debenture that provides the issuer with the ability to convert it into common stocks while on some occasions ...
- Exchangeable Debenture: Definition from Answers.com
like convertibles, with the exception that this type of debenture can be converted to the common stock of a subsidiary or affiliate of the issuer.
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Jan 1, 2010 ... likely puts an end to exchangeable debenture financings by ... v. The Queen. A typical exchangeable debenture is an interest bearing debt ...
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Exchangeable Debenture. This debenture has similar terms as the contingent except that it provides for conversion to any subsidiary or affiliate of the issuing ...
- Exchangeable Debt - University of California, Davis
the principal payment is, however, still possible. Given these simplifying assumptions, there are three relevant states at maturity of the exchangeable debenture.
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Apr 14, 2011 ... exchangeable debenture that is satisfied by their delivery. Question ... exchangeable debenture exercises the right to exchange the debenture ...
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Fund in the US, an equity-linked exchangeable debenture structure was devised which allowed the company to realize the economic value of the shares in a tax ...
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66 The income tax aspects of a typical exchangeable debenture will then be analyzed. ... 100 The purchase price of the contracts was negotiated at arm's length ...