Conversion Rights, Ratios, and Structured Convertibles

Conversion term pages explain the mechanics and specialized structures that determine how convertibles behave.

This subsection keeps feature-level and structured-convertible terms separate from the instruments themselves.

In this section

• Asset Swapped Convertible Option Transaction (ASCOT): Detailed Overview and Insights
  An in-depth explanation of Asset Swapped Convertible Option Transactions (ASCOT), a financial instrument that strips the equity conversion portion from a convertible bond. Explore its types, uses, advantages, examples, and historical context.
• Contingent Convertible Bonds (CoCos): Bonds that can be converted into equity under predefined conditions
  Contingent Convertible Bonds (CoCos) are hybrid financial instruments that function as bonds but can be converted into equity when certain trigger events occur. They serve a critical role in regulatory capital and financial stability.
• Conversion Ratio: Key Concept in Convertible Securities
  The Conversion Ratio is a critical financial metric determining how many shares of common stock an investor will receive for each convertible bond or preferred share upon conversion.
• Conversion Right: The Power to Convert Debt to Equity
  An in-depth look at conversion rights, enabling investors to convert debt into equity under debenture trust deeds.