Examples of Debenture Stock in a sentence
Dominion had arranged committed credit facilities with their bankers, Bank of Scotland International Pty Ltd (“BOS”) and ASB Bank Limited (“ASB”), totalling $55.1m secured by Stock Security Certificates which rank equally with Debenture Stock.
The nominal value of the Debenture Stock is redeemable on 1 October 2016.
All Debenture Stock is secured under a Trust Deed between Dominion and Perpetual Trust Limited dated 14 May 1993, as amended on 17 April 1997.
The Council holds long-term debenture stock (Zero Coupon First Mortgage Debenture Stock 1996/2011) in the former Association of District Councils, now the Local Government Association, valued at £20,000.
In a bid to catalyze financing of the real sector of the Nigerian economy, the Central Bank of Nigeria has, in accordance with Section 31 of the CBN Act 2007, approved the investment of the sum of N500 billion Debenture Stock to be issued by the Bank of Industry (BOI).
If the outstanding shares of Debenture Stock of the Company shall be combined into a smaller number of shares, the Conversion Price in effect immediately prior to such combination shall be proportionately increased.
The Debenture Stock and the Secured Bonds are secured by floating charges over all the undertaking and assets of the Company.
The purchase price of the shares thus subscribed for shall at the option of the Underwriters be payable either in cash or by the surrender to RISCO of First Debenture Stock at the par value thereof or by a combination of both.
Dominion had arranged committed credit facilities with their bankers, Bank of Scotland International Pty Ltd (“BOS”) and ASB Bank Limited (“ASB”), secured by Stock Security Certificates which rank equally with Debenture Stock.
The Council is the registered holder of £30,000 of Zero Coupon First Mortgage Debenture Stock 1996/2011 which is constituted and secured by a Trust Deed dated 28th July 1989 and made between (1) the Association of District Councils (Properties) Limited and (2) Eagle Star Trust Company Limited as Trustees for the Stockholders.