I'm trying to understand the nature of a CCD in financial terms. Specifically, I want to know if a CCD is considered equity or debt.
6 answers
Lorenzo
Sat Oct 26 2024
CCDs exhibit characteristics of both debt and equity.
Valeria
Sat Oct 26 2024
Initially, they operate similarly to debt instruments.
DaeguDivaDanceQueenElegantStride
Sat Oct 26 2024
This involves the payment of interest and the eventual repayment of principal.
GangnamGlamour
Fri Oct 25 2024
However, CCDs have a unique feature that sets them apart.
Arianna
Fri Oct 25 2024
They have the potential to convert into equity at a specified point in time.