Convertible Equity Linked Notes -- Who Issues Them And How Are They Convertible?
Hey guys,
I came across convertible equity linked securities in R&P for the comparable company's chapter -- I did some meager research online to understand them further, but the one question still stands at large
HOW do these play into fully diluted shares outstanding?
Moreso -- correct me if I'm wrong -- I believe that a company (ie apple, etc.) issues convertible equity linked securities and you have the option to convert them into shares of the apple stock? This is confusing to me because -- well -- idk --I just would like some clarification on the topic.
Best
THELABULL
bump
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