LYC 0.33% $6.07 lynas rare earths limited

I’m wondering, isn’t bond face value is 1$? if bondholder...

  1. 461 Posts.
    lightbulb Created with Sketch. 23
    I’m wondering, isn’t bond face value is 1$? if bondholder converts to 0.1$, they still loose money? If it is, why are they willing to convert earlier than later? thank you
 
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