Articles
Michael Saylor’s “iPhone Moment”: Preferred Stock vs Convertible Bond
Convertible Bonds vs Preferred Stock Roxom Research – Capital Structure Feature Convertible Bonds Preferred Stock Structure Debt with fixed term, convertible into equity. Perpetual equity; may or may not be convertible. Access Limited to institutions; typically low secondary liquidity. Publicly traded and retail accessible on major venues. Maturity Fixed maturity; principal