WEST-VLAANDEREN. IEPER. Reverse Convertible Bond of $1000. blue, green, black. No 24763. Doubtless the biggest financial scandal in Belgium during the internet bubble : the implosion of Lernout&Hauspie, a high-tech company focusing on speech technology. L&H was quoted on both Nasdaq and Easdaq. We offer here a reverse convertible bond. Reverse convertible bonds are complex high-risk financial products in which the investor temporarily gets high interest but risks not getting back the face value, but instead virtually worthless shares, as was the case with L&H. Marketed by B.B.L., today part of ING.
Themes: BANK & FINANCE, COMPUTER & OFFICE EQUIPMENT
BELGIUM, G.D.LUXEMBOURG, USA
Date: 24 July 2000
Startprice: € 50