View source for Change of control put

''Securities - bonds.''

A change of control put is an embedded put option, in favour of the holder, in a bond or other security.

It gives the holder of the security the right to require the issuer to redeem it, in the event of a change of control of the issuer, according to a predetermined formula.


== See also ==
* [[Bond]]
* [[Change of control]]
* [[Clause]]
* [[Contract]]
* [[Embedded option]]
* [[Issuer]]
* [[Issuer call]]
* [[Law]]
* [[Make whole clause]]
* [[Penalty clause]]
* [[Provision]]
* [[Put option]]
* [[Redemption]]
* [[Security]]
* [[Spens clause]]
* [[Term]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]