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lizsmith lizsmith
wrote...
Posts: 486
4 years ago
What is a call provision?

▸ a clause in a bond contract that restricts the actions of the issuer that might harm the interests of the bondholders

an option to the issuer to repurchase the bonds at a predetermined price



▸ the periodic repurchasing of issued bonds through a sinking fund by the issuer

▸ the option for the bondholder to convert each bond owned into a fixed number of shares of common stock
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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jfinn1021jfinn1021
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Posts: 388
4 years ago
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wrote...
3 years ago
thank you
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