从发行公司的角度看，可转换公司债券是一种兼有债务融资和股权融资双重性质的创新金融工具。由于可转换公司债券转股权的存在，其票面利率通常低于同等条件下的普通公司债券利率，这部分节约的利息费用是以发行公司未来普通股权的潜在稀释为代价的，在"如果不发行可转换公司债 From the issuing company’s perspective, convertible corporate bonds are innovative financial instruments that combine the dual nature of debt financing and equity financing. Due to the conversion of the convertible bonds, the coupon rate is usually lower than that of ordinary corporate bonds under the same conditions. The interest cost saved in this part is at the cost of the potential dilution of the future common equity of the issuing company. If not Issue of convertible corporate bonds