Change of control put: Difference between revisions
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* [[Penalty clause]] | * [[Penalty clause]] | ||
* [[Provision]] | * [[Provision]] | ||
* [[Put]] | |||
* [[Put option]] | * [[Put option]] | ||
* [[Redemption]] | * [[Redemption]] | ||
Latest revision as of 23:50, 9 April 2023
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.
