Loan stock

This topic has 2 replies, 2 voices, and was last updated 6 years ago by aless123456.

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May 5, 2020 at 6:45 pm #570083
aless123456
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Hi. Is loan stock in the exam equivalent to convertible debt/loan notes?
May 10, 2020 at 3:32 pm #570490
P2-D2
Keymaster
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Hi,

No, they are not the same. Loan stock is redeemable for cash only. Convertible debt/loan notes can be redeemed for cash or equity.

Thanks
May 13, 2020 at 6:10 pm #570743
aless123456
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Thank you.
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