i. A debenture is usually one of a “series” or “class”, which is similar to a “class” of shares.
ii. Debentures, as well, as shares are long-term investments in the company and are transferable in the same manner.
iii. Debentures and shares may be issued in the same way through a prospectus issue.
Kavungya answered the question on April 15, 2021 at 20:00
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