Exchangeable Debt
Similar to convertibles, except this type of debt can be converted into the shares of a company other than the issuing company (usually a subsidiary).

Investopedia Says:
Often used by corporations to sell a large position in the shares of another company.

Related Terms:
Bond
Convertible Bond
Convertibles
Subsidiary

• Retrocession
• Return
• Return Of Capital
• Return On Assets (ROA)
• Return On Assets (ROA)
• Return On Capital Employed (ROCE)
• Return On Capital Employed (ROCE)
• Return On Capital Gains
• Return On Equity (ROE)
• Return On Equity (ROE)
• Return On Gross Invested Capital (ROGIC)
• Return On Gross Invested Capital (ROGIC)
• Return On Investment Capital (ROIC)
• Return On Investment Capital (ROIC)
• Return On Investment (ROI)
• Return On Investment (ROI)
• Return On Net Assets (RONA)
• Return On Net Assets (RONA)
• Return On New Invested Capital (RONIC)
• Return On New Invested Capital (RONIC)
• Return On Revenue (ROR)
• Return On Revenue (ROR)
• Return On Sales (ROS)
• Return On Sales (ROS)
• Return On Total Assets (ROTA)