partial redemption

Partial Redemption

1. A situation in which an issuer calls part of a bond issue but not the whole thing. That is, if a company issues a callable bond and decides later to redeem a portion before maturity, this is called a partial redemption.

2. In investment companies, the decision of a shareholder to redeem some but not all of his/her shares.

partial redemption

Redemption by an issuer of less than an entire issue of its securities. For example, a corporation may redeem a portion of an outstanding bond issue.
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As a result of this partial redemption, the new outstanding nominal amount of each EUR900 note will be EUR810 and the total aggregate outstanding nominal amount of the notes will be EUR202.
This partial redemption will be made as permitted under Article 3 of the indenture dated as of September 24, 2013 and paragraph 5 of the Notes.
We are pleased that Colony's well-capitalised capital position allows us to make this partial redemption of preferred stock that was issued as part of the U.
Marshall said, "I am happy to report that First Resource Bank has begun the process of retiring our Small Business Lending Fund preferred stock with the first step being a 75 percent partial redemption.
TELECOMWORLDWIRE-May 13, 2015-EchoStar to make partial redemption of 6.
Alhajeri concluded "This first partial redemption marks a significant step in the process of distributing money back to unit holders.
s initial public offering, it received cash proceeds of about $3 million on the partial redemption of its equity interest in Visa.
The pounds 203 million in cash received from the sale will be used to fund further partial redemption of senior notes, said the company yesterday.
Presumably, a reduction in the original capital invested in the CDE would be deemed a partial redemption.
partner in partial redemption of their partnership interests.
Don't forget that in Shepard's mytho-poetic America of fallen dreamers and ambitions that got off on the wrong foot, partial redemption is about the best a body can hope for.
a wholly-owned subsidiary of the Company, issued a notice of partial redemption for $65 million aggregate principal amount of its outstanding 10i% Senior Notes due 2014 (the "2014 Notes") at a cash redemption price equal to 100% of the principal amount of the 2014 Notes, plus accrued and unpaid interest, if any, to, but not including, the redemption date.