Dilution protection - Mainly applies to convertible securities. Standard provision whereby the conversion ratio is changed accordingly in the case of a stock dividend or extraordinary distribution to avoid dilution of a convertible bondholders potential equity position. Adjustment usually requires a split or stock dividend in excess of 5% or issuance of stock below book value.
Dilution protection : mainly applies to convertible securities. standard provision whereby the conversion ratio is changed accordingly in the case of a stock dividend or extraordinary distribution to avoid dilution of a convertible bondholders potential equity position. adjustment usually requires a split or stock dividend in excess of 5% or issuance of stock below book value.
Dilution protection