FUND CORP FINANCE LL+MYFINLAB >IP<
FUND CORP FINANCE LL+MYFINLAB >IP<
2nd Edition
ISBN: 9781269932110
Author: Berk
Publisher: PEARSON C
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Chapter 15, Problem 6CT
Summary Introduction

Restrictive covenants in the new bond issue: Covenant is a legally enforceable agreement entered at the time of bond issue. This clause restricts the ability of the issuer to do any act which is against the investor.

To Identify: The companies voluntarily choose to put restrictive covenants in new bond issue.

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BIG Problem with Bond Investing Today!!!; Author: Learn to Invest - Investors Grow;https://www.youtube.com/watch?v=1ScT15of0Vo;License: Standard Youtube License