Nonredeemable

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Nonredeemable

Not permitted, under the terms of an indenture, to be redeemed.

Nonredeemable

Describing a bond or other security whose holder is not permitted to exchange it with the issuer in return for its face value. Nonredeemable securities may be either traded or held to maturity.
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According to a Vedanta statement, the merger would be effective as soon as the approval for issue of non-redeemable preference shares was received from the Indian central bank.
Malayan Banking Berhad (1155.KU), Malaysia's largest lender by assets, has said that it has acquired 8.68 million non-redeemable preference shares in its 69 percent-owned insurance unit Mayban Fortis Holdings Berhad from Malaysia's Employees' Provident Fund (EPF) for MYR126m in cash.
Voucher is non-redeemable during major events in the city centre.
The capital was raised by way of non-redeemable convertible securities that will convert into common shares at the time of Angioblast's next financing event, defined as an Initial Public Offering, Merger and Acquisition, or private equity round of at least A$10 million.
Free bets are a nonnegotiable, non-refundable, non-transferable, non-redeemable (cannot be exchanged for cash) credit available once only to new customers.
We've noted that, apart from the current situation, there is no precedent for any non-redeemable paper currency being held as the primary reserve of the world's central banks.
The cash back will be implemented via the issue of redeemable B shares and non-redeemable C shares.
The integrity of the study would be compromised if observations of convertible preferred stock included non-redeemable preferred.
His latest fund-raising scheme is to issue non-redeemable share options in his refuge costing up to pounds 100 each.
The Debentures are non-convertible and non-redeemable. The payment of the principal of, and interest on, the Debentures will be subordinated in right of payment to senior indebtedness.
Pershing Square Holdings Ltd (AEX:PSH.AS) announced today that the listing of newly issued non-redeemable ordinary shares in the company, public shares, have been admitted for listing and trading on Euronext in Amsterdam, the regulated market operated by Euronext Amsterdam NV.
The fixed rate bonds (Issues 18 and 19) are non-redeemable and none of the issues allow any withdrawals or closure during their respective fixed rate periods.