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.
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Hundreds of Terms and Concepts
Amending or supplementing a preliminary official statement or an official statement, typically to provide information about new developments or updated information affecting the issuer, the conduit borrower, or the bond issue.
