Exchange Currency

foreign currency convertible bond (FCCB)

A type of convertible bond that is purchased and distributes principle payments in a foreign currency. It also allows the option to convert the bond into stock. As long as the issuing company remains viable, this debt instrument is attractive for both the issuer and the bondholders. The company can usually obtain lower interest financing terms in exchange for the warrants which can dramatically add value to the bonds. This arrangement helps ensure that the bondholders will be compensated for their investment. It also allows them to take advantage of any significant increase in the company's stock price.

Related information about foreign currency convertible bond (FCCB):
  1. Foreign Currency Convertible Bond (FCCB) Definition | Investopedia
    A type of convertible bond issued in a currency different than the issuer's domestic currency. In other words, the money being raised by the issuing company is in ...
     
  2. Foreign Currency Convertible Bond - FCCB: Definition from Answers ...
    Foreign Currency Convertible Bond - FCCB A type of convertible bond issued in a currency different than the issuer's domestic currency. In other.
     
  3. What is foreign currency convertible bond (FCCB)? definition and ...
    Definition of foreign currency convertible bond (FCCB): A type of convertible bond that is purchased and distributes principle payments in a foreign currency.
     
  4. All about Foreign Currency Convertible Bonds - Rediff.com Business
    Aug 14, 2009 ... A Foreign Currency Convertible Bond (FCCB) is a type of convertible bond issued in a currency different than the issuer's domestic currency.
     
  5. [Economy] FCCB: Foreign Currency Convertible Bonds and FCCB ...
    May 11, 2012 ... Foreign Currency Convertible Bond (FCCB) From the previous Debt + Equity article, you know there are two ways to finance a company ...
     
  6. Beware of companies with these bonds on their books - Equitymaster
    Mar 13, 2012 ... Equitymaster discusses FCCBs and the impact of too much of them on companies' balance sheets.
     
  7. De-Jargoned | Foreign currency convertible bonds - Livemint
    Jul 31, 2011 ... A foreign currency convertible bond (FCCB) is a type of convertible bond issued by Indian companies in a currency different from the rupee.
     
  8. Foreign Currency Convertible Bond (FCCB) - Flame
    A Foreign Currency Convertible Bond (FCCB) is a type of convertible bond issued in a currency that is different from the domestic currency of the issuer.