The convertible bonds were part of a strategic agreement between the two brewers. 这些可转换债券是这两大啤酒商之间的策略性协议。
A convertible bond is one which may be exchanged at the option of the bondholder for a specified number of shares of common stock. 可转换债券是一种债券持有者可以选择是否转换为一定数量普通股的债券。