Convertible debentures
A convertible debenture can convert into equity stocks regarding the issuing business after a lot of time. It really is a appealing idea for investors, while offering low interest for organizations trying to raise money.
Non-convertible debentures
A non-convertible debenture doesn’t convert into equity within the issuing business. But, it often provides an increased rate of interest compared to a convertible debenture, making it an even more high priced as a type of money for companies.
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