convertible

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

And bankers will advise clients on raising early stage equity, preferred stock and convertible bonds.

From The Wall Street Journal

The Defense Department will invest $1 billion in the business through a convertible preferred security, which will convert to common equity upon an initial public offering later this year.

From Barron's

The company said Wednesday that the Series F financing round includes $70 million in new capital and the conversion of $30 million in convertible promissory notes with accrued interest.

From The Wall Street Journal

Each Class A share is convertible into 1,500 B shares.

From The Wall Street Journal

The company added that the investors in the new convertible preferred shares, which will pay a 4.75% annual dividend, are committing to buy the stock to help fund one or more acquisitions through July 15.

From Barron's