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Extendable Notes |
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Extendable notes Extendable Notes Bonds in which the date of maturity may be extended. Whether the issuer, bondholder, or both have the authority to extend the maturity depends upon the specific terms of the bond agreement. If a maturity is extended, the issuer continues to pay coupons. Thus, extendable notes usually sell at a higher price than other bonds because there is the possibility for a higher return. They are also called extendable bonds. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| TSF, sponsored by Eurohypo AG, New York Branch (Eurohypo, rated 'A/F1' by Fitch), is a bankruptcy-remote special purpose Delaware limited liability company established to issue up to $5 billion of 4 (2) asset-backed commercial paper (CP) and extendable notes (EN). 0 billion of 4(2) asset-backed commercial paper (CP) and extendable notes (EN). 5 billion in extendable notes issued by Wells Fargo & Company. |
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