Change of control put: Difference between revisions

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imported>Doug Williamson
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Revision as of 23:45, 10 September 2021

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