Class B bonds definition
Examples of Class B bonds in a sentence
The fair value of Class B bonds is calculated by discounting expected future cashflows at a discount rate which is derived from the yield on comparable instruments which are observable in the market.
You received a personalized Letter of Transmittal containing a summary of the Eligible Options (as defined in the Offer to Amend) that you hold.
The Class A1, A2, A3, A4, A5 and A6 bonds rank pari passu in point of security and as to payment of interest and principal, and have preferential interest payment and repayment rights over the Class AB2 and Class B bonds.
The Class AB2 bonds rank pari passu in point of security and as to payment of interest and principal, and have preferential interest payment and repayment rights over the Class B bonds.
The fair value of Class B bonds has been derived from ‘level 2’ fair value measurements: directly observable market inputs other than Level 1 inputs.