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

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Convertible Equity Linked Notes -- Who Issues Them And How Are They Convertible?

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Convertible Equity Linked Notes -- Who Issues Them And How Are They Convertible?

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