Conditions for compulsory redemption of convertible bonds:
1. When the positive stock price of a listed company’s convertible bonds is higher than 130% of the conversion price for 15-20 consecutive days, compulsory redemption will be triggered Redemption;
2. When the positive stock price of the listed company’s convertible bonds continues to be lower than 70%-80% of the conversion price for about 30 days, the listed company will be forced to redeem the convertible bonds at a redemption price of Between 101-103. This situation generally occurs when convertible bonds are in a long-term breakdown situation, and investors' income is protected through forced redemption.
Will the compulsory redemption of convertible bonds be announced in advance?
The compulsory redemption of convertible bonds will be announced in advance. Investors can just pay attention to the announcements of listed companies. Triggering the compulsory redemption will cause a Convertible bonds have a higher probability of losing money, and investors can sell them in advance or convert them into shares to avoid losses.
Legal basis: Article 17 of the "Rules of Notarization Procedure of the People's Republic of China"
When a natural person, legal person or other organization applies to a notary agency for notarization, a notarization application must be filled in surface. The notarization application form should specify the following contents:
(1) Basic information of the applicant and his agent;
(2) Matters applied for notarization and the purpose of the notarization certificate;< /p>
(3) The name of the document applied for notarization;
(4) The name and number of supporting materials submitted and the name, address and contact information of relevant witnesses;
< p>(5) Date of application;(6) Other circumstances that need to be explained.
Applicants should sign or stamp the application form. If they are unable to sign or stamp, they must put their fingerprints