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Kaevyn04 Kaevyn04
wrote...
Posts: 353
3 months ago
What are bond covenants?
Textbook 

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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mnp2357mnp2357
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Posts: 337
3 months ago
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Bond covenants are restrictive clauses in a bond contract that limit the issuer from taking actions that may undercut its ability to repay the bonds.
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