Sentence examples for converting into equity from inspiring English sources

Based on the information in the filing, it is possible that that the seed round was in the form of the $1.38 million convertible note and is now converting into equity with the additional $2.1 million investment.

Rather than converting into equity when the bank's capital runs low, they would automatically be written down to 25 percent of their face value and repaid.

In a statement issued late Wednesday, the Spanish central bank said the government would take control of Bankia's parent company, BFA, by converting into equity a 4.5 billion euro loan it had given the financial group.

The loan (often called a convertible note) will convert into equity at the startup's next funding round on the same terms as the new investor (i.e. no discount) and will not be interest bearing.

They are issuing bail-in securities, known as cocos (contingent, convertible, capital instruments) that convert into equity once a bank's capital falls below a certain level.

These try to arbitrage away the differences in prices of, say, two convertible securities (usually, bonds that can be converted into equity).

A convertible note is short-term debt that converts into equity.

As a refresher, a convertible note is a loan that automatically converts into equity upon the closing of a Series A round of financing.

Relatively rare in Europe, mandatory convertibles are bonds giving investors no choice but to convert into equity at a later date, in this case by Dec. 23, 2005.

Investors, on the other hand, can convert into equity any time after the shares reach the convertible price.

About $340 million of its secured debt will be converted into equity, a Bridge spokesman said.