- Whenever the terms and conditions lack clarity or require a discretionary determination to be made, ConvEx can provide an expert opinion for the issuer’s reliance – whether to:
- satisfy the issuer’s obligations under the terms and conditions when these allow for the possibility of such an opinion (in which case such opinion is normally binding on investors); or
- obligations under the terms and conditions when these allow for the possibility of such an opinion (in which case such opinion is normally binding on investors); or
- in order to provide comfort to the issuer who is required to make a judgment call with potentially significant financial impact on the instrument
- ConvEx has substantial experience as an Independent Expert, particularly in the Convertible/Exchangeable Bond market in EMEA where it has acted in such capacity on the vast majority of Independent Expert assignments over the past few years
ConvEx is an independent financial institution, providing calculation agency services and acting as
an independent capital markets expert — equity-linked, capital securities, bonds and derivatives