Refunding
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.
See Also
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.
A non-governmental entity that oversees and regulates a portion of the federal securities industry.