debenture convertible at market price

简明释义

按市价折合的债券

英英释义

例句

1.The company issued a new bond that is a debenture convertible at market price to attract more investors.

该公司发行了一种新的债券，作为一种按市场价格可转换的债务凭证以吸引更多投资者。

2.The firm decided to raise funds by selling a debenture convertible at market price to capitalize on favorable market conditions.

该公司决定通过出售一种按市场价格可转换的债务凭证来筹集资金，以利用有利的市场条件。

3.The debenture convertible at market price allows investors to participate in the company's growth.

该按市场价格可转换的债务凭证允许投资者参与公司的增长。

4.Investors were excited about the debenture convertible at market price because it offered a chance to convert into equity later.

投资者对这款按市场价格可转换的债务凭证感到兴奋，因为它提供了将来转换为股权的机会。

5.During the annual meeting, the CEO explained the benefits of the debenture convertible at market price to shareholders.

在年度会议上，首席执行官向股东解释了按市场价格可转换的债务凭证的好处。

作文

In the world of finance, various instruments are used by companies to raise capital and manage their debt. One such instrument is the debenture, which is essentially a long-term security yielding a fixed rate of interest, issued by a company and secured against assets. However, not all debentures are created equal. Some come with unique features that appeal to investors looking for flexibility and potential growth. One such feature is the ability to convert the debenture into equity at a specified price or under specific conditions. This brings us to the term debenture convertible at market price, which signifies a type of debenture that can be converted into shares of the issuing company at the current market price. Understanding this concept is crucial for both investors and companies alike.When a company issues a debenture convertible at market price, it offers investors the opportunity to benefit from any potential appreciation in the company's stock. For instance, if an investor purchases a debenture when the company's stock is trading at $50 per share, and later the stock rises to $70, the investor can convert the debenture into shares at the advantageous market price. This feature can make such debentures particularly attractive during periods of expected growth or bullish market conditions.From a company's perspective, issuing debenture convertible at market price can be a strategic move to attract more investors. It provides an incentive for investors to buy the debenture, knowing they have the option to convert it into equity later. This can help the company secure funding without immediately diluting its existing shareholders' equity. Moreover, if the company performs well and its stock price increases, it can lead to a scenario where the company raises capital while also rewarding its debenture holders with the chance to participate in the company's growth.However, there are also risks associated with debenture convertible at market price. Investors must be cautious about the timing of their conversion. If the market price of the company's shares does not rise above the conversion price, the investor may end up holding a debenture that is less valuable than anticipated. Additionally, the issuer must consider the potential dilution of ownership that occurs when debenture holders convert their securities into shares. This can affect earnings per share and overall shareholder value.In conclusion, the term debenture convertible at market price represents a financial instrument that combines elements of debt and equity, offering both opportunities and challenges. For investors, it presents a way to gain exposure to a company's potential upside while still receiving fixed interest payments. For companies, it serves as a tool for raising capital while providing an attractive proposition to investors. As with any investment decision, thorough analysis and understanding of the underlying factors are essential to navigating the complexities of convertible debentures effectively.

在金融世界中，公司使用各种工具来筹集资本和管理债务。其中一种工具是债券，基本上是一种长期证券，提供固定利率的利息，由公司发行并以资产作为担保。然而，并非所有债券都是相同的。一些债券具有独特的特性，吸引寻求灵活性和潜在增长的投资者。一个这样的特性是能够在特定价格或特定条件下将债券转换为股权。这使我们关注到术语可按市场价格转换的债券，这意味着一种可以按照发行公司当前市场价格转换为股份的债券。理解这一概念对投资者和公司都至关重要。当一家公司发行可按市场价格转换的债券时，它为投资者提供了利用公司股票潜在升值的机会。例如，如果投资者在公司股票交易价格为每股50美元时购买了一只债券，而后来股票上涨至70美元，投资者就可以以有利的市场价格将债券转换为股份。这一特性在预期增长或牛市条件下尤为吸引人。从公司的角度来看，发行可按市场价格转换的债券可以成为吸引更多投资者的战略举措。它为投资者提供了激励，知道他们有机会在稍后将其转换为股权。这可以帮助公司在不立即稀释现有股东权益的情况下获得资金。此外，如果公司表现良好，股票价格上涨，可能会导致公司在奖励债券持有人的同时筹集资本。然而，可按市场价格转换的债券也存在风险。投资者必须谨慎考虑转换的时机。如果公司股票的市场价格未能超过转换价格，投资者可能最终持有一只价值低于预期的债券。此外，发行者必须考虑当债券持有人将其证券转换为股份时可能发生的所有权稀释。这可能影响每股收益和整体股东价值。总之，术语可按市场价格转换的债券代表着一种结合了债务和股权元素的金融工具，既提供了机会，也带来了挑战。对于投资者来说，它提供了一种在获得固定利息支付的同时，获得公司潜在上升空间的方式。对于公司来说，它是筹集资本的工具，同时为投资者提供了吸引人的提议。与任何投资决策一样，深入分析和理解潜在因素对于有效驾驭可转换债券的复杂性至关重要。