> Confused...?

Confused...?

Posted at: 2014-12-05 
Why did Drew want to take the company’s convertible bonds as security for his loan?

In this case who is the one lending the money? Drew or other people??

Drew lends the money to the company in return fro a convertible bond.

The bond pays Drew interest and can be exchanged for shares in the company.

come on

Why did Drew want to take the company’s convertible bonds as security for his loan?

In this case who is the one lending the money? Drew or other people??