A debenture is a debt instrument issued by a company to raise funds. A debenture is backed by the general creditworthiness of the issuer, but is otherwise unsecured by any collateral or assets.
Typically, debentures have a fixed rate of interest for a long-term time period.
There are two main kinds of debentures: convertible and non-convertible debentures.
A convertible debenture can be turned into equity shares of the company issuing the debenture after a specific time period elapses.
A non-convertible debenture cannot be converted into equity shares of issuing company. Non-convertible debentures typically have higher interest rates than convertible debentures.
Additionally, there are a variety of other debentures, including:
When analyzing a stock, you need to form an idea of how likely is it to survive a business slump and go on to prosper all the more when economic growth resumes, and very importantly—how much debt it has (including debentures).
At TSI Network, we recommend using our three-part Successful Investor philosophy:
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A: TransAlta Renewables, $13.83, symbol RNW on Toronto (Shares outstanding: 264.3 million; Market cap: $3.7 billion; www.transaltarenewables.com), is one of the largest generators of wind power in Canada and is among the country’s largest publicly traded renewable power companies.
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What personal information do we collect?
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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TSI Network may provide personal and other information to a purchaser or successor entity in connection with the sale of TSI Network, a subsidiary or line of business associated with TSI Network, or substantially all of the assets of TSI Network or one of its subsidiaries, affiliates or lines of business.
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Except as provided herein, TSI Network will not sell or rent personal information about you to unaffiliated third parties.
We may disclose personal information you have provided through our websites, for the above purposes, to persons or companies that we retain to carry out and other activities for which you have registered or in which you have otherwise asked to participate. In particular, we may for these purposes transfer information to any country (including the USA and other countries which may not offer the same level of data protection as Canada). We also will disclose personal information if required by law, including compliance with warrants, subpoenas or other legal processes.
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Changes to this Policy
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TSI Network may revise this Policy from time to time.
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