Sentences with phrase «debenture holders»
Cation is led by Sandy Edmonstone, a former Macquarie Capital Markets investment banker who, along with others, played a pivotal role in ensuring debenture holders of Twin Butte Energy received full value when that company entered receivership in 2016.
http://business.financialpost.com/
Dear Jacob, NCDs, if held till maturity date, the debenture holder gets the principal invested, along with the interest accrued.
Not exact matches
Convertible Debt - the term convertible debt basically, means securities that can be converted to other specified amounts of another security at the option of the holder and issuer, either single or both... Debentures or corporate bonds are traded for commodities stock within a specific period.
For this reason bond holders receive a lower rate of interest when compared to Debentures coupon rates.
A bond or debenture with terms granting the holder the option to extend the maturity date by a specified number of years.
While holders of Subordinated Debentures do enjoy a legally enforceable contractual right to cash payments, as a practical matter, having that enforceable right usually is akin to having the right to commit suicide because a Subordinate's rights to cash payments virtually always are subrogated to the senior debts» rights to priority payments.
Shareholders receive profit in the form of dividends; debenture - holders receive a fixed rate of interest.
The Insolvency (Amendment) Rules 2008 (SI 2008/737), also in force on 6 April 2008, set up a mechanism for approval or authorisation of litigation expenses from debenture or floating charge holders or preferential creditors entitled to be paid in priority to those expenses — or the court.
Cholamandalam Investment and Finance Company, key stake holder in the Cholamandalam Insurance JV, has stated that it would raise up to Rs. 6, 7 00 crore in various slots by issuing 60,000 secured redeemable, non-convertible debentures valued at Rs. 10 lakh.
Further policy holder can choose the allotment of investments in stocks or debentures of market.