2.3 Advantages and Disadvantages of Bearer and Registered Bonds
They said that the Rs25,000-denomination bearer bond can be discontinued after launching the registered bonds
. People have invested Rs157 billion in the Rs25,000 denomination bonds.
AboitizPower said the proceeds of the third tranche would be used to "finance planned acquisitions, future investments, and/or other corporate requirements." The company issued the first tranche out of the shelf registered bonds
on July 3, 2017 in the amount of P3 billion.
Although there still are some bearer bonds outstanding, long-term corporate debt must be in the form of "registered bonds
" in order to avoid certain adverse tax treatment.
Ownership of registered bonds
is on file with the issuing company, and owners receive their interest directly from the company.
Tenders are invited for District~s Sanitation District Revenue Refunding Bonds, Series 2016, dated their date of delivery, expected on November 2, 2016, (the "Bonds"), being fully registered bonds
in denominations in multiples of $5,000 (within the same maturity), maturing as to principal in varying amounts on August 1 in each of the years 2017 through 2037.
Permission for power generation companies to issue corporate registered bonds
. About Role of AEDB as a one Window Entity Standard bankable project agreements available Guaranteed Power Purchaser Permission to issue shares at discounted prices to enable venture capitalists to be provided higher rates of return proportionate to the risk.
PEFINDO affirmed the ratings of PT Adhi Karya (Persero) Tbk (ADHI)'s registered bonds
phase I/2012 and phase II/2013 at "idA" and shelf-registered Sukuk Mudharabah phase I/2012 and phase II/2013 at "idA(sy)"; the outlook for the corporate rating is "stable".
SM Prime still has R20 billion worth of unissued but registered bonds
The city of Graz plans in April 2016 financing in the form of promissory notes, registered bonds
in the amount of 30, 000 000 EUR, divided into individual tranches of 5 000 000 EUR, to take.
$26,325,000 of the corporation~s school building revenue refunding bonds, series 2016, dated March 1, 2016, each being fully registered bonds
in denominations in multiples of $5,000.
Global law firm White & Case LLP has advised a consortium of banks that included Bank of America Merrill Lynch, Deutsche Bank, Goldman Sachs International, Santander GBM and Societe Generale Corporate & Investment Banking on the issuance by PZU Finance AB (publ) of registered bonds
of a total nominal value of 350 million.