Put: Difference between revisions
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imported>Doug Williamson (Create page. Sources: Linked pages.) |
imported>Doug Williamson (Mend link.) |
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* [[Redemption]] | * [[Redemption]] | ||
* [[Security]] | * [[Security]] | ||
* [[Trigger]] | * [[Trigger event]] | ||
* [[Unsecured]] | * [[Unsecured]] | ||
Latest revision as of 23:51, 9 April 2023
1. Options.
Put option.
2. Options.
To exercise an embedded put option to sell a security back to its issuer.
- Bonds in issue may be put following change of control
- "As part of the proposed all-share merger between Capital & Counties Properties plc and Shaftesbury plc announced in June 2022 and approved by shareholders in July 2022, Capital & Counties put in place a £576m backstop unsecured loan facility, provided by three banking partners, to support the redemption of all or part of the Shaftesbury Mortgage Bonds that may be put as a result of a change-of-control trigger."
- The Treasurer online, 4 April 2023 - ACT Deals of the Year 2022: Loans below £750m Highly commended.
3. Verb.
To place.
As in put aside, put in place and the like.
