Who needs Wikipedia10 Mar 2017 08:12
When you have Enigmatic: Hawkey's provided a layman's understanding but there are other factors such as market interest rates and bond duration that impact bond prices. However, the key thing he has overlooked, which is alarming for SHs, is that bond prices will rise back to par value in situations where debt is converted to equity at rock-bottom prices - as such there is often an inverse correlation between equity and bond prices. If you want a recent example take a look at your noisy neighbour GKP. Is Genel heading the same way....wouldn't be the least surprised.