Glossary entry (derived from question below)
Spanish term or phrase:
Préstamo participativo y convertible en capital
English translation:
Convertible Loan Note
Added to glossary by
David Russell
Jan 16, 2014 11:35
10 yrs ago
10 viewers *
Spanish term
Préstamo participativo y convertible en capital
Spanish to English
Bus/Financial
Finance (general)
Loans
A type of loan granted to a company by a bank, in Spain, in which the capital and interest may be converted into shares
Proposed translations
(English)
3 | Convertible Loan Note | Ruth Ramsey |
Proposed translations
12 mins
Selected
Convertible Loan Note
Although not 100% sure, I think this may be a "Convertible Loan Note". "Préstamo participativo" on its own is usually an "equity loan". Hope this helps.
4 KudoZ points awarded for this answer.
Comment: "Thanks Ruth, this seems to be right!"
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