Reset Deals

tran­sac­tions that provide for a price adjus­t­ment. The issue amount of the shares or the conver­sion ratio of a conver­ti­ble bond may be adjus­ted down­wards (or upwards) depen­ding on various crite­ria, depen­ding on the agree­ment. These crite­ria may include, for exam­ple, the issuer’s share price at a parti­cu­lar point in time. See also under varia­ble deals.