Adjustment bond

Adjustment Bond
Adjustment Bond definition :
A bond issued in exchange for outstanding bonds when a corporation facing bankruptcy is recapitalized.
What's A Spread?

ADJUSTMENT BOND - A bond issued in exchange for outstanding bonds when a corporation facing bankruptcy ...
ADJUSTMENT DATE - Mortgage term usually preceded by the word "Interest" (i.e. "Interest Adjustment Date...

Adjustment Bond
When recapitalizing a corporation that faces bankruptcy, if the bondholders approve, adjustment bonds are issued in replacement of outstanding bonds.

ADJUSTMENT BOND " See: Income Bond.
ADMINISTRATOR " The official or agency that is empowered to supervise or conduct the Uniform Securities Act in each state.
AD VALOREM TAX " A tax based on value of real property.

Adjustment bonds: See income bonds.
ADR: See American Depository Receipt.
Ad valorem taxes: A tax levied "by value," usually used to describe property taxes.

? Mentioned in
Adjustment Bond
Affirmative Obligation
Aval
Collateralized Bond Obligation - CBO
Collateralized Debt Obligation ...

These bonds are sometimes known as Adjustment Bonds. The quality of these bonds generally is not as good as investment grade issues because there is an additional contingency on the payment of interest.

various tax shields provided by the deductibility of interest and the benefits of other investment tax credits are calculated separately. This analysis is often used for highly leveraged transactions such as a leveraged buyout.
Adjustment bond ...

See also: Expense, Indenture, Margin account, Debit Balance, Adjusted basis