Refunding
A transaction in which refunding bonds are issued and their proceeds are used to pay off outstanding bonds.
A type of refunding transaction in which the Refunding Bonds are issued more than 90 days before the Redemption or final Maturity, whichever is earlier, of the Refunded Bonds.
See Also
A transaction in which refunding bonds are issued and their proceeds are used to pay off outstanding bonds.
A refunding in which all refunded Bonds are redeemed within ninety days of the issuance of the refunding bonds.
Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.