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

Hundreds of Terms and Concepts

Supplemental Indenture

A supplement to an outstanding indenture, entered into pursuant to the terms of an outstanding indenture and delivered in connection with the issuance of additional bonds, to cure an inconsistency or formal defect in the Indenture or to amend the indenture in some manner.