redemption premium

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Redemption Premium

Money over and above the face value of a callable bond that the issuer pays to bondholders if the bond is called. A callable bond is a bond that the issuer is permitted to redeem or repay before the maturity date, depriving the bondholder of future coupon payments. Usually the issuer does this if it can reissue the same amount of debt at a lower interest rate. The redemption premium exists to compensate bondholders for some of their lost interest payments. It is especially useful if they can only reinvest in securities with a lower return rate. The redemption premium is also called the call premium.

redemption premium

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On or after 1 March 2022, the company may redeem the notes subject to applicable redemption premiums.
The Commission now distinguishes between 'deployed' and less deployed' technologies: the first account for at least 1-3% of electricity production in the EU, while the second benefit from a more flexible approach (for example, no obligatory calls for tender) to accessing redemption premiums.
875% senior notes due 2015 for an aggregate redemption price of USD 1,305m, which includes the associated redemption premiums, principal amount, accrued interest and related fees and expenses.
The regulations under section 305 include rules governing the treatment of redemption premiums and, more important, set forth a specific standard for determining whether it is more likely than not that a right to redeem or purchase in the issuer (or a related person) will be exercised.
1272 and 1273 for Original Issue Discount (OID) to certain preferred stock redemption premiums.
500% senior notes due 2020 under its tender offer, including tender or redemption premiums regard such repurchase and/or redemption and to pay related fees and expenses, the company said.
Proceeds from the offering will buy back any and all of its outstanding USD550m 7 1/8 % senior notes due 2018 in a tender offer, pay any related fees and expenses such as any applicable tender premiums, redemption premiums and accrued interest on the 2018 notes, redeem the 2018 notes, if any, that remain outstanding after the completion of the tender offer and may also be used for general corporate purposes.
625% notes due 2014, to pay related fees and expenses, including redemption premiums and for general corporate purposes.
875% senior notes due 2015 for a total redemption price of USD1,305m, which includes the associated redemption premiums, principal amount, accrued interest and related fees and expenses.