Examples of Class A bonds in a sentence
The holders of the Class A bonds, therefore, have identical rights concerning the maturities of their obligations.Example 2.
All Class A bonds have a stated maturity of March 1, 2002, but if cash flows from the real estate mortgages and in- vestments are sufficient, the trustee may se- lect one or more bonds at random and re- deem them earlier.(ii) The Class A bonds do not have different maturities.
Class A bonds are represented by senior tranche totaling RR 5,623 million and were placed with private and institutional investors with a coupon of 7.9%.
The fixed rate interest income will offset some of the fixed rate expense on Class A bonds until 2028 and replaced it with SONIA linked debt.
The fair value of Class A bonds has been derived from ‘level 1’ fair value measurements: quoted prices (unadjusted) in active markets for identical liabilities.