The main advantages of convertible debt is that it is attractive to investors because they may be entitled to discounts on the share price.
What is convertible debt?
Convertible debt refers to a loan or debt obligation in which the payment comes with equity or stocks in a company.
It is to be noted that irrespective of the company's profit, convertible bondholders receive only a fixed, limited income until conversion.
Hence, the main advantages of convertible debt is that it is attractive to investors because they may be entitled to discounts on the share price.
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