Convertible Securities

Overview

Discover the strategic power of convertible securities in this insightful course designed for finance professionals. You'll explore the pros and cons of issuing converts versus other financing alternatives, break down the different types of convertible offerings, and unpack the mechanics behind how they function. The course wraps with a practical dive into convertible debt accounting, giving you the tools to evaluate and apply this flexible funding option with confidence. Topics covered include:

• Introduction to convertibles
• Pros and cons
• Issuer characteristics and rationale
• Convertibles compared to other financing alternatives
• Types of convertible offerings
• Key structuring considerations
• Covenants
• Credit ratings
• Conversion impact
• Convertible debt accounting