A tech client issued 0% convertible bonds three years ago when rates were zero. Those bonds mature in 6 months, their stock is down 40% so they are way out-of-the-money, and current debt rates are around 8%. How do you advise them to handle this impending maturity?

你有一个科技客户在三年前零利率时期发了0%利息的可转债。现在债券还有6个月到期，但他们的股价跌了40%，转股无望。现在的市场债务利率是8%。你建议他们如何应对这个即将到期的债务墙？