PROVISIONAL CALL FEATURE

provisional call feature: translation

A stipulation in a convertible issue that allows the issuer to call the issue during the noncall period if the price of the stock reaches a certain level. In the case of convertible securities ( convertible security), right of an issuer to accelerate the first redemption date if the underlying common should trade at or above a certain level for a sustained period. Most typical terms are 150% of conversion price for 20 consecutive days. Note that under these circumstances the security has appreciated , at a minimum, 50% since being issued. Bloomberg Financial Dictionary

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PROVISIONAL CALL FEATURE →← PROVISIONAL ALLOTMENT LETTER

Смотреть что такое PROVISIONAL CALL FEATURE в других словарях:

PROVISIONAL CALL FEATURE

Элемент ценной бумаги, разрешающий ее досрочное погашение.Элемент конвертируемой акции, позволяющий эмитенту погасить эту ценную акцию до наступления с... смотреть

PROVISIONAL CALL FEATURE

Provisional Call Feature: translationA feature of a convertible issue that allows the issuer to call the issue during the non-call period if the stock ... смотреть

PROVISIONAL CALL FEATURE

Provisional call feature: translation A feature in a convertible issue that allows the issuer to call the issue during the non-call period if the price... смотреть

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