debenture

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Related to Debentures: preference shares, bonds, Convertible Debentures
  • noun

Synonyms for debenture

the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future

a certificate or voucher acknowledging a debt

References in periodicals archive ?
The debt to be redeemed will consist of all of its 8 7/8 percent Sinking Fund Debentures Due 1995, 8 percent Sinking Fund Debentures Due 1998 and 12 percent Debentures Due 2015.
A registration statement relating to the new debentures to be issued in the exchange offer has been filed with the Securities and Exchange Commission but has not yet become effective.
Pursuant to the Renaissance debenture loan agreement and the merger agreement, Renaissance is obligated to provide such reserve fund either (a) if the merger is consummated, to SLI for SLI's working capital purposes in exchange for SLI debentures having terms substantially similar to those of the SLI convertible debenture or (b) if the merger is not consummated, to Appoint for the purpose of paying certain Appoint obligations to SLI.
In addition, the company is offering to purchase 1991 series debentures and 1992 series debentures from each holder that tenders original series debentures for exchange, at the rate of $80 cash for each $100 principal amount of 1991 series debentures and 1992 series debentures validly tendered.
Because the current market price for our common stock is substantially greater than the conversion price of the debentures, we anticipate that the holders will elect to convert their debentures prior to redemption," said Nicholas J.
In addition, documents specifying the terms, conditions and procedures for surrendering and withdrawing Debentures for purchase will be available through The Depository Trust Company and the paying agent.
Eastern Daylight Time on June 1, 1992, time being of the essence, the Debentures may be converted into shares of the Company's Common Stock at the rate of 66.
The transaction provides for the issuance of a first tranche of five $100,000 debentures and a second tranche of five $100,000 debentures.
In addition, BFL provided a standby commitment to Welton to purchase any Debentures not taken up by other shareholders.
The debentures are redeemable in cash in whole or in part at specified prices declining to 100% of the principal amount plus accrued and unpaid interest at the company's option beginning on March 6, 2011, upon at least 20 days' but not more than 60 days' notice by mail to holders of debentures.
The Debentures are issued in minimum amounts of $25,000 (a "Debenture Unit") and bear interest at a rate of ten percent (10%) annually, payable by way of an annual cash payment.
Holders of Debentures who surrender their Debentures for conversion prior to midnight on February 15, 2006 will receive $1,151.
ClubLink also announced today that it will redeem on March 14, 2006, outstanding 6% convertible unsecured subordinated debentures (the "Debentures") due May 15, 2008 representing an aggregate principal amount of $65,000,000.
Icefloe") (TSX VENTURE:ICY) today announced the closing of a brokered private placement of 10 % Senior Secured Convertible Debentures (the "Debentures") in the amount of $2,025,000 (the "Private Placement").
Icefloe") (TSX VENTURE:ICY) today announced it is undertaking a brokered private placement of 10 % Senior Secured Convertible Debentures (the "Debentures") in the amount of $2,025,000 (the "Private Placement").