Record convertible debt repayment

Record repayment when an eligible convertible instrument is not converted.

Last reviewed: 2026-08-25

When to record repayment

Use Repay debt when cash is paid on an eligible convertible debt position instead of converting that balance into equity. The position must still contain an eligible share or reserve balance, and the action is available to company administrators.

Understand the dates

• Interest stop date — the date through which EqDeal recalculates accrued interest. Changing it updates the displayed accrued interest and suggested outstanding amount.
• Repayment date — the date on which the cash is transferred. It may have a different contractual meaning from the interest stop date.

Record the repayment

1. Open the investor position in the convertible debt contract and choose Repay debt.
2. Review principal, accrued interest, outstanding balance, maturity information, and any final-exercise warning.
3. Enter the interest stop date and wait for the preview to recalculate interest.
4. Enter the cash amount the investor will receive and the repayment date.
5. Compare the values with the approved payoff statement, then confirm the repayment.
6. Attach proof of payment, release, or other supporting document to the appropriate record.

Reconcile the result

Review the remaining investment balance, accrued interest, cash ledger, transaction history, contract totals, and investor portfolio. Confirm that repayment did not create shares and that the repaid amount is no longer available for conversion.