A provision in specific types of indentures which grants the issuer the right to retire twice as many bonds as…

A bond swap that involves swapping a long maturity bond with a shorter maturity bond. This swap helps investors to...

n the context of subprime deals, it is a provision that entails the conversion of deal structure from sequential pay...

The splitting, or treatment, of specific, purported debt instruments into/ as part debt and part equity. For example, the so-called...

A reduction or deduction (or concession) in the sale price that is extended by a seller to a buyer at...

The costs that arise from borrowing money from others to finance construction or purchase of assets. This includes interest payments,...

An entity that is required to fully, or to a specific extent, disclose the structure of its ownership interests, i.e.,...

The process whereby a private or public entity or a sovereign (a country), facing insolvency (cash flow problems and financial...

A dual currency bond whose interest payment and principal repayment (redemption amount) depend on the exchange rate between two currencies...

A dual currency bond whose interest payment and principal repayment (redemption amount) depend on the exchange rate between two currencies...