MTN program definition

MTN program means a continuous distribution of debt securities in which the specific variable terms of the individual debt securities and the method of distribution of those securities are determined at the time of the distribution;
MTN program means a continuous rule 415 offering of debt in which the specific variable terms of the individual securities and the offering of the securities are determined at the time of sale;
MTN program is defined in the fifth recital.

Examples of MTN program in a sentence

  • The Company's shelf registration filed with the Securities and Exchange Commission enables the Company to issue up to $2.6 billion of unsecured debt securities and warrants to purchase debt securities under its medium term note (MTN) program.

  • In addition, the Group has a commercial paper program, uncommitted lines of credit, a domestic bond shelf registration, and a euro MTN program.

  • Such regionally standardized bond issuance program should lead to a regional medium-term note (MTN) program that will be committed to open up the markets to qualified issuers and investors in the region and beyond.

  • During May 2003, the Company issued $50.0 million of fixed-rate unsecured senior notes under its MTN program.

  • MTN NOTES PAYABLE The Company has periodically issued long-term debt securities in the public markets through a medium term note program (referred to as the MTN program), which commenced in 1995.

  • In addition, the Group has a domestic commercial paper program, uncommitted lines of credit, a domestic bond shelf registration, and a euro MTN program.

  • These bonds are non-guaranteed bonds issued based on MTN program.

  • Under the MTN program, Brazil has succeeded in making several placements of government bonds in the last two years in the international markets, namely, euroyen, euromark, samurai, caravella, eurosterling and a global bond.

  • The MTN program consists in the issue of a series of bonds in international markets up to an established limit.

  • Consequently, the MTN program provides an efficient means of exchanging internal for foreign debt, that offers longer terms and lower interest rates.


More Definitions of MTN program

MTN program means the Issuer’s £500.0 million medium-term note program.
MTN program is defined in the third recital.
MTN program means the debt program of GTT pursuant to which from time to time GTT issued debt pursuant to that certain Indenture, dated as of March 30, 1992, between GTT (formerly known as Valero Energy Corporation) and Bankers Trust Company, as Trustee, as supplemented by the First Supplemental Indenture, dated as of March 13, 1995.
MTN program means the medium term note programs implemented through RCFC secured by vehicles and related assets, which medium term note programs provide funds for the purchase of additional vehicles.

Related to MTN program

  • Acid Rain Program means the sulfur dioxide and nitrogen oxides air pollution control program established pursuant to Title IV of the Act under 40 CFR Parts 72-78.

  • Program means the statutorily authorized activities of the System Agency under which this Contract has been awarded.

  • Cooperative education program means a written voluntary agreement between and among districts to provide certain educational programs for pupils in certain groups of districts. The written agreement shall be approved by all affected districts at least annually and shall specify the educational programs to be provided and the estimated number of pupils from each district who will participate in the educational programs.

  • Pilot program means the pilot program identified and funded through the Funding Agreement and described in that Funding Agreement and its attachments.

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.