We advise businesses and investment banks on issues of all kinds of securities representing corporate equity (voting or nonvoting shares, redeemable shares, shares with or without preemptive subscription rights, hybrid products such as preference shares or additional tier 1 securities) or debt (promiss...
1. Inbonds, the act of anissuerrepurchasing a bond at or beforematurity. Redemption is made at theface valueof the bond unless it occurs before maturity, in which case the bond is bought back at apremiumto compensate for lost interest. The issuer has the right to redeem the bond at an...
Redeemable Convertible Preference Shares (“RCPS”) are a hybrid financial instrument, blending characteristics of both equity and debt. They offer fixed dividends and the potential for conversion into ordinary shares. While RCPS can provide stability and growth, they al...
adjrecoverable upon payment or fulfilling a condition Related Words recoverable adjable to be converted into ready money or the equivalent Synonyms cashable Related Words convertible exchangeable adjsusceptible to improvement or reform Synonyms reformable ...
This feature is advantageous for issuers if interest rates decrease, as they can refinance the debt at a lower rate. Redeemable Preferred Shares: Preferred shares that the issuing company can buy back at a predetermined price after a certain period. This allows the company to adjust its equity ...
CS Divesh Goyal
Google Share on Facebook Financial non•re•deem•a•ble (ˌnɒn rɪˈdi mə bəl) adj. 1.not redeemable, as for payment:nonredeemable soda bottles. 2.not able to be improved or compensated for:evil, nonredeemable behavior. ...
Notpermitted,underthetermsof anindenture, to beredeemed. Copyright©2012,Campbell R. Harvey.AllRightsReserved. Describingabondorothersecuritywhoseholderisnotpermittedtoexchangeitwiththeissuerinreturnforitsface value.Nonredeemablesecuritiesmaybeeithertradedorheldtomaturity. ...