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In terms of public offerings of bonds, what is an indenture?

nyounger

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In terms of public offerings of bonds, what is an indenture?

In terms of public offerings of bonds, what is an indenture?

▸ a memorandum that must be produced to describe the details of a bond offering

▸ a formal contract that specifies the firm's obligations to the bondholders

▸ a list of the duties of the trust company representing the bondholders' interests

▸ a schedule of the fees charged by the underwriting company

Textbook

Fundamentals of Corporate Finance

Fundamentals of Corporate Finance

Edition: 2^nd

Authors: Berk, DeMarzo, Harford

Read 145 times

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linds

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