Coupon Payment Dates definition
Examples of Coupon Payment Dates in a sentence
Ratings (▇▇▇▇▇'▇ / S&P / Fitch) Amount Collateral Type Senior Unsecured Notes Type SEC Registered Trade Date Settlement Date (T+3) Maturity Coupon Payment Dates Semi-annual payments on _____ and _____of each year, beginning __________ Coupon Record Dates Semi-annual on ______ and ______ Call Structure Benchmark Benchmark Price Benchmark Yield Reoffer Spread Reoffer Yield Coupon Price Joint bookrunners Co-manager(s) CUSIP ISIN Preliminary Prospectus dated ________________.
In other words, the subsequent Coupon Payment Date(s) would not be changed merely because the payment date in respect of one particular coupon payment has been postponed earlier because of it having fallen on a non-Business Day.
If any of the Coupon Payment Date(s), falls on a day that is not a Business Day, the payment shall be made by the Issuer on the immediately succeeding Business Day, which becomes the Coupon Payment Date for that coupon.
It is clarified that no other Coupon Payment Date will be affected or modified on account of any Coupon Payment Date(s) falling on a non-Business Day.
The Bonds of any Series will bear interest from the Coupon Commencement Date at the coupon rate(s) specified in, or determined in accordance with the applicable Final Terms and such Coupon will be payable in respect of each Coupon Period on the Coupon Payment Date(s) specified in the applicable Final Terms of the Series.