bond-basics

Put Bond

A Bond that gives the bondholder the right to sell, or put, the Bond to the Issuer or some other party, often a remarketing agent, under specific conditions.  Put Bonds are ordinarily put to the Issuer or remarketing agent at 100% of the Par Value of the Bonds

Hudson Yards Rail Yards

Start with the Bond Basics

Blue Sky Memorandum

Memorandum to Underwriter(s) setting forth the requirements of the state securities laws in the states where the Bonds are anticipated to be sold.