A convertible note:
A)can be issued by a rights issue to existing shareholders or by a placement to institutions,which is restricted by the '10 per cent rule' under ASX listing rule 7.1.
B)is attractive to issuers requiring long-term,fixed-rate debt finance.
C)offers a higher interest rate than a straight unsecured note.
D)all of the given options.

Question

Quizplus · Accepted Answer

The Answer of A convertible note:
A)can be issued by a rights issue to existing shareholders or by a placement to institutions,which is restricted by the '10 per cent rule' under ASX listing rule 7.1.
B)is attractive to issuers requiring long-term,fixed-rate debt finance.
C)offers a higher interest rate than a straight unsecured note.
D)all of the given options.

A Convertible Note