What is a convertible bond?

Regarding the field of securities, what does current legislation define as convertible bonds?

Pursuant to Clause 7, Article 3 of Decree 155/2020/ND-CP, the regulation is as follows:

Convertible bonds are bonds issued by joint-stock companies, which can be converted into common shares of the issuing organization under the conditions and terms specified in the bond issuance plan.

The above regulation explains convertible bonds in the current securities field.

Sincerely!

Related Posts
LawNet
Is Registration Required for Public Offering of Shares?
LawNet
Deadline for Disclosure of Unusual Information by Enterprises in Bond Issuance
LawNet
Deadline for Periodic Disclosure of Information Regarding Bond Issuance to Investors
LawNet
Periodic Information Disclosure on Domestic Bond Issuance
LawNet
Offering Securities Under a Court Judgment: Is Registration Required?
LawNet
Which Types of Securities Can a Partnership Company Issue?
LawNet
Responsibility of Bond Issuing Enterprises
LawNet
Report Content Required from the Stock Exchange Regarding the Situation of Corporate Bond Issuance
LawNet
Responsibilities of the Stock Exchange in the Issuance of Corporate Bonds
LawNet
Vietnam: Report form on derivative trading
Lượt xem: 0
Latest Post

Đơn vị chủ quản: Công ty THƯ VIỆN PHÁP LUẬT.
Chịu trách nhiệm chính: Ông Bùi Tường Vũ - Số điện thoại liên hệ: 028 3935 2079
P.702A , Centre Point, 106 Nguyễn Văn Trỗi, P.8, Q. Phú Nhuận, TP. HCM;