Closing Index
An index of all documents to be delivered at a closing and included in the closing transcript.
bond-basics
Closing
The date of delivery of a New Issue of Bonds, at which time the Issuer delivers the Bonds and the requisite legal documents to the Underwriter or other Bond purchaser in exchange for the purchase price.
See Also
Closing Memorandum
A narrative form of, or adjunct to, the closing index describing the participants, their roles in the financing, flow of funds on the date of the closing, closing instructions and the documents for which the transaction participants are responsible.
Closing Transcript
The final record of all executed documents delivered at the closing or shortly thereafter as a bound transcript or in electronic form.
Start with the Bond Basics
Hundreds of Terms and Concepts
Extraordinary Mandatory Redemption
Redemption of the bonds in the case of certain unexpected or one-time events occurring with respect to the bonds or the project financed with the proceeds of the bonds.