Glossary entry

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

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.
Peer comment(s):

neutral Billh : Ruth it IS an equity loan convertible into capital.
3 hrs
OK, thanks Bill.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks Ruth, this seems to be right!"
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search