Capital Note

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Capital Note

A short-term, corporate bond. A company issues a capital note in order to pay its short-term liabilities. Capital notes are unsecured and, in the event of liquidation, receive the lowest priority of all bonds (thought they still rank higher than preferred or common stock).
References in periodicals archive ?
It said that it is looking to raise the capital through the launch of new hybrid securities referred to as the Westpac Capital Notes 5.
ANZ today announced that it will allocate approximately $930 million ANZ Capital Notes 5 under the ANZ Securityholder Offer and Broker Firm Reinvestment Offer which both closed on 13 September 2017.
0m in outstanding trust preferred capital notes belonged, was liquidated by means of auction.
Stockholders equity is about P18 billion, including P12 billion in capital notes issued to Philippine Deposit Insurance Corp.
The Offer consists of offers to purchase for cash any and all primary capital undated floating rate notes (Series 1, 2, 3) and undated floating rate primary capital notes issued by Bank of Scotland plc.
QNB announced that it has successfully raised QAR 10 billion in Additional Tier 1 Perpetual Capital Notes by way of private placement, to strengthen the Group's Capital Adequacy Ratios and to support future growth across the QNB Group in accordance with Group's strategy.
B2 foreign currency subordinated debt rating to a proposed issuance of up to USD100 million in 10-year fixed rate notes by Bantrab Capital Notes Trust, a Cayman Islands-based trust established for the sole purpose of acquiring a 100% participation interest in a subordinated unsecured loan made by Deutsche Bank AG, London Branch to Guatemala's Banco de los Trabajadores (Bantrab) to secure the notes.
Yesterday Jayne-Anne Gadhia, chief executive at Virgin Money, said: "I am delighted " announce the repurchase of the Tier 1 Capital Notes from HM TREASURY.
Doha Bank directors yesterday decided to submit a recommendation to the extraordinary general assembly of shareholders to approve issuance of Tier 1 capital notes amounting to QR2bn.
We entered into a definitive agreement with strategic investors, Qatar Holding and The Olayan Group, to issue an aggregate of approximately CHF 6 billion of Tier 1 buffer capital notes to be paid up no earlier than October 2013," said Brady W.
Dougan, Credit Suisse chief executive officer, said: "We are pleased to announce a definitive agreement with Qatar Holding and The Olayan Group, to issue an aggregate of approximately CHF 6 billion of Tier 1 buffer capital notes to be paid up no earlier than October 2013.
We have worked in close cooperation with Finma, to ensure the buffer capital notes will qualify under the future Swiss capital rules as contingent capital,' said Credit Suisse chief executive officer Brady Dougan.