Prepare a 
Convertible Debenture with this easy-to-use template.
- The Debenture is issued to a lender as security for a loan to the issuing corporation.
 
- The Debenture is convertible into shares in the capital of the corporation at any time prior to the repayment of the principal amount of the loan (but not including any accrued but unpaid interest).
 
This is a generic 
Convertible Debenture form. It is available in MS Word format, and is fully editable.