Ban-Pu Convertible Debentures

Examine the pages from the Ban-Pu Convertible Debentures prospectus.

1. How do the Ban-Pu convertibles work?

2. What currency are they denominated in?

3. How likely is conversion?

4. Was this the best financing strategy for the company?
 

Exhibit: Extracts from Ban-pu Convertible Debentures prospectus


 

Ian Giddy
ian.giddy@nyu.edu