XB

(redirected from Exchangeable Bonds)
Also found in: Financial.
AcronymDefinition
XBExperimental Bomber (US military aircraft designation)
XBXbox (Microsoft video game console)
XBHalifax to Boston (routing designation; US Navy; Canada and US)
XBX-Band
XBExtra-Budgetary
XBExchangeable Bonds (corporate finance)
XBX-Bracings (structures)
References in periodicals archive ?
99726 principal amount of new exchangeable bonds per Songa Offshore share, with up to NOK 125,000 being payable in cash based upon NOK 47.
Convertible and exchangeable bonds are unique and highly flexible forms of corporate financing that can be an attractive option for companies seeking to raise money or monetise equity stakes.
The company is expected to announce the final terms of the placement and of the exchangeable bonds issue on Tuesday, with settlement for the placement of the BT shares and the exchangeable bonds issue are slated to happen respectively on June 22 and June 27, 2017.
So far, none of the articles have concentrated on the use of the exchangeable bonds by state-owned companies.
Government has been advised by Financial Advisory Consortium (FAC) to access international capital markets after general elections for raising funds for Oil and Gas Development Company Limited (OGDC) exchangeable bonds worth of USD 500 mn.
France based, BNP Paribas (EPA: BNP) is to reduce its stake in Swiss fund, Pargesa (FRA:PGH1) with exchangeable bonds valued at EUR375m, according to Reuters.
The eight entities that was planned to be privatize in the shape of strategic sale of their shares or exchangeable bonds in 2011-12 Oil includes Gas Development Company Limited (OGDCL), National Power Construction Company (NPCC), Heavy Electrical Complex (HEC), Pakistan Petroleum Limited (PPL), Faisalabad Electric Supply Company (FESCO), the National Bank of Pakistan (NBP) Habib Bank Limited (HBL), Kot Addu Power Company Limited (KAPCO).
Other borrowers have opted to tap liquidity sources through bond issues in yen or ringgits, as well as exchangeable bonds, "coco" bonds, or structures which include an amortisation element, with various degrees of success.
19 August 2011 -- Malaysian rating agency MARC on Thursday terminated its A rating on lottery, property and hotel operator Berjaya Land Berhad's (KUL:BJLAND) Secured Exchangeable Bonds.
Earlier this week, government efforts to issue exchangeable bonds worth 500 million dollars went in vain as international investors advised Islamabad to wait for a suitable time.
Earlier this week, government efforts to issue exchangeable bonds worth USD 500 million went in vain as international investors advised Islamabad to wait for a suitable time.
Taipei, May 4, 2011 (CENS)--The board of directors of Mega International Commercial Bank, a government-linked bank, has decided to release its stake in Taiwan Business Bank, another government-linked bank, by floating exchangeable bonds (EB).