Sentences with phrase «becomes callable»

This means that the market expects interest rates at the time the bond becomes callable will be such that the issuer will not exercise its option.

1) pays a fixed dividend rate of at least 6.5 %; 2) Become callable five years after IPO; 3) Pays dividends quarterly; 4) Be rated «investment grade» by Moody's Investors Service; 5) Be issued by a company that has a perfect track record of never having suspended the dividend payments on a preferred stock (and these are mostly decades old, multibillion dollar companies); 6) Have a «cumulative» dividend obligation; 7) Be issued by a U.S. company; 8) Not be convertible to common stock in the future; 9) Have easy (online) access to the prospectus at IPO; and 10) Have an initial share value (par) of $ 25.00.

The takeover premium may push the stock price above the threshold when the warrants become callable at a nominal consideration by the company.

Not exact matches

Prices on callable bonds depend on the market's expectation of interest rates at the time the call feature on a bond becomes active in relation to the coupon rate on the callable bond.

It specified that the German parliament had to keep the «callable capital» ready so that the possibility foreseen in the TESM of the Board of Governors» member being excluded from the voting procedure because the member state failed to comply with its payment obligations (Art. 4 (8) TESM) would not become reality.