Under the new offering, only $60 million in debentures are convertible into 923,076 common shares.

The new offering Tuesday consisted of $60 million worth of 4-7/8 debentures, due June 1, 1986, at 100%, and $60 million of 4-1/2% convertible subordinated debentures due June 1, 1991, at 100%.

# Convertible debentures, which are convertible bonds or bonds that can be converted into equity shares of the issuing company after a predetermined period of time.

This convertible debt, often convertible preferred stock or convertible debentures, can be converted to the common stock of the issuing company often at steep discounts to the market value of the common stock.

Sadanand introduced several innovations and reduced the price, but was later forced to sell part of the stake in form of convertible debentures to Ramanath Goenka due to financial difficulties.

Concurrently, the company sold $ 85 million in convertible debentures.

" In December 2009, the Company issued $ 200. 0 million in aggregate principal amount of 4. 0625 % convertible subordinated debentures (" 4 1 / 16 % Debentures ") in a private placement to qualified institutional buyers under the Securities Act of 1933.

Sadanand introduced several innovations and reduced the price, but later sold part of his stake in the form of convertible debentures to Ramnath Goenka due to financial difficulties.

Given the complexity of the calculations involved and the convoluted structure that a convertible bond can have, an arbitrageur often relies on sophisticated quantitative models in order to identify bonds that are trading cheap versus their theoretical value.

The US dollar is an example of a fully convertible currency and for this reason, US dollars are one of the major currencies traded in the FOREX market.

Mathematically speaking, magnetic fields and electric fields are convertible with relative motion as a 2nd-order tensor or bivector.

The country's currency, the dirham, is now fully convertible for current account transactions ; reforms of the financial sector have been implemented ; and state enterprises are being privatized.

Some of the amino acids are convertible ( with the expenditure of energy ) to glucose and can be used for energy production, just as ordinary glucose, in a process known as gluconeogenesis.

Currently, there are no restrictions on the transfer or repatriation of capital and income earned, or investment financed with convertible foreign exchange.

IV, p. 164 ): " The fundamental tenet of the Vedânta school consisted not in denying the existence of matter, that is solidity, impenetrability, and extended figure ( to deny which would be lunacy ), but in correcting the popular notion of it, and in contending that it has no essence independent of mental perception ; that existence and perceptibility are convertible terms.

Vitamers by definition are convertible to the active form of the vitamin in the body, and are sometimes inter-convertible to one another, as well.

If we admit that ruff and trump are convertible terms, of which there is scarcely a doubt, the game of trump was the precursor of whist.

Under a gold standard, paper notes are convertible into pre-set, fixed quantities of gold.

Semi-automatic rifles are mistakenly believed to be capable of fully automatic fire or easily convertible to full-automatic functionality.

The BATFE has specific design requirements for all firearms sold in the U. S. in order to ensure that they are not readily convertible.

Warrants, like other convertible securities, increases the number of shares outstanding, and are always accounted for in financial reports as fully diluted earnings per share, which assumes that all warrants and convertibles will be exercised.

The number of two-door SUV models increased in the 2010s with the release of the Range Rover Evoque and the Nissan Murano convertible, although both vehicles are unibody.

Also appearing are Buck Clayton, Jo Jones, Armando Peraza, and Eli's Chosen Six, the Yale College student ensemble that included trombonist Roswell Rudd, shown driving around Newport in a convertible jalopy, playing Dixieland.

In addition, Briatore and Ecclestone are believed to have promised £ 5 million in convertible loan facilities to help buy players and have covered £ 13 million of debt, in a total commitment to the club of around £ 20 million.

Some of the amino acids are convertible ( with the expenditure of energy ) to glucose and can be used for energy production just as ordinary glucose.

Original copies of these rare models are very valuable — some SM owners have made their own copies of the SM convertible in particular.

These hybrids are called convertible mittens or glittens, a combination of " glove " and " mittens ".

These machines are available for five and ten pin, but there is no convertible version.

The new owners pushed the company into modernising its line, producing the V8 Vantage in 1977, the convertible Volante in 1978, and the one-off William Towns-styled Bulldog in 1980.

When the price of the stock the bond is convertible into moves higher, the price of the bond tends to rise.

The picture of PPS were later incorporated into the 10 Cuban convertible peso banknote.

All sums amounts may not be convertible into foreign currency.

These certificates were freely convertible into gold coin s.

Quite possibly because of this, the 1944 Bretton Woods Agreement established the International Monetary Fund and an international monetary system based on convertibility of the various national currencies into a U. S. dollar that was in turn convertible into gold.

In an international gold-standard system ( which is necessarily based on an internal gold standard in the countries concerned ), gold or a currency that is convertible into gold at a fixed price is used as a means of making international payments.

The pinnacle of this effort was the introduction of the Challenger sports coupe and convertible ( Dodge's entry into the " pony car " class ) in 1970, which offered everything from mild economy engines up to the wild race-ready Hemi V8 in the same package.

It existed because at the time the złoty was not convertible and its official rate of exchange was set by the Government, and there existed several exchange rates depending on the purpose of the transaction and who was exchanging, i. e. given amount in złoty could be exchanged for say US dollars at one of several official exchange rates depending on what was to be bought for the hard currency and the company that was buying foreign exchange ; it worked similarly when a company had some earnings in Western currency and wanted ( or had ) to convert them into złotych.

It was in 1948 when Wilhelm Karmann bought a VW Beetle sedan and converted it into a four-seated convertible.

* It is convertible into other currencies

Ferris persuades Cameron to let them use his father's prized 1961 Ferrari 250 GT California convertible to drive into the city.

For the three-part episode " Punky Finds a Home ", the opening starts out with Punky at a supermarket helping a lady load her groceries into her convertible.

The two head out in Louise's 1966 Ford Thunderbird convertible for a two-day vacation in the mountains that quickly turns into a nightmare before they reach their destination.

In Russia and Ukraine, the national rail services operate a large number of night trains with private compartments containing seats convertible into sleeping berths.

In 1881, the government issued paper money convertible into silver or gold, in denominations of 1, 2, 5, 10, 20, 50, 100 and 1000 pesos.

However, steel shortages limited the amount of raw materials that Nash could get, so Mason turned the compact, now designated the Rambler, into a two-door sedan with a convertible top and the cars were equipped with many standard features that were typically options, to maximize profits for the company.

* Specifically poor structural rigidity, such as pronounced scuttle shake, a characteristic whereby the structural design of the bulkhead between engine and passenger compartment of a convertible suffers sufficiently poor rigidity to negatively impact ride or handling – or allow noticeable vibration, shudder or chassis-flexing into the passenger compartment.

Folding textile convertible tops often do not hide completely the mechanism of the folded top or can expose the vulnerable underside of the folded top to sun exposure and fading – in which case tonneau covers of various designs snap or secure into place to protect the folded roof and hide the mechanicals.