Whatever happened to "convertible notes"? If we need $5m, a "note" denominated in units of $10 would be offered with a coupon rate of 7% p.a. and conversion to equity at rate of 200 shares per unit. Conversion or redemption in 6 months.
All numbers are "for instances".
These used to be alot of fun whilst avoiding irritating CR's and unnecessary dilution.
Alternatively, find a friendly bank manager.
Whatever happened to "convertible notes"? If we need $5m, a...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
