bullet bond

Bullet Bond

A bond with no special features that cannot be redeemed prematurely. That is, the bullet bond repays the entire principal at maturity and at no other time. It is also called a virgin bond. See also: Bullet.

bullet bond

A bond that is noncallable.
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There are four different tranches with different maturities under the same issuance: a five-year bullet bond of $25 million, a 10-year bullet bond of $25 million, and two separately tradeable redeemable principal parts (STRPPs) with maturities ranging from 13 to 20 years.
Refinancing risk related to the 2021 bullet bond and associated shareholder debt is largely addressed by a sinking fund which traps 100 per cent of the refinancing requirement in Fitch's base case.
5 billion (including the Series E $ 500 million bullet bond repayment plus associated sponsor co-lending).
The reality that this experience forced on the ABMTN market was most notably conceded in the introduction by Canada Mortgage and Housing Corporation (CMHC) of the semiannual bullet bond Canada Mortgage Bond program in June 2001.
The issue features a 5-year bullet bond of 25 million, a 10-year bullet bond of 25 million and two separately tradeable redeemable principal parts having maturity of between 13 and 20 years.
5bn (including the Series E USD500m bullet bond repayment plus associated sponsor co-lending).
18 /PRNewswire/ -- Standard & Poor's today assigned its single-'A'-minus rating to the Electricity Generating Authority of Thailand's (EGAT) planned US$300 million, 10-year bullet bond issue.
Standard & Poor's has rated the first issue under the enhanced Partial Credit Guarantee Program, which is a US$300 million ten-year bullet bond by the Electricity Generating Authority of Thailand (EGAT), single-'A'- minus or three notches above the Kingdom of Thailand's triple-'B'-minus foreign currency issuer credit rating (see press release earlier today).
The proposed bullet bond issuance will be used to refinance existing debt at two power generation operating companies, Andres B.
In mid September PAE repaid in full a US$100 million bullet bond guaranteed by its parent company, BP plc (BP).
Standard & Poor's has rated the first issue under the enhanced Partial Credit Guarantee Program, which is a US$300 million ten-year bullet bond by the Electricity Generating Authority of Thailand (EGAT), single-'A'-minus or three notches above the Kingdom of Thailand's triple-'B'-minus foreign currency issuer credit rating (see press release earlier today).
18, 1998--Standard & Poor's CreditWire 9/18/98--Standard & Poor's today assigned its single-'A'-minus rating to the Electricity Generating Authority of Thailand's (EGAT) planned US$300 million, 10-year bullet bond issue.