As a result of the remarketing, the accreted
principal amount of the debentures will accrete at a rate of 3.
For the most part, therefore, accreted
terranes appear to be thin and confined to the crust.
After three years, the issuer may redeem the bond for cash at its accreted
How the issuer should account for the excess conversion value over the accreted
The Bonds have been issued at 100 per cent of their principal amount and, unless previously redeemed, converted or cancelled, will mature on 24 September 2017 at the accreted
redemption price of 105.
00 in cash for each $1,000 accreted
value of the Notes to $12.
Using the classic model for subduction, scientists expected that sediments carried on the Nazca plate would be added, or accreted
, to the South American continent.
The ratings of the above bonds address the issuer's ability to pay the accreted
value of the series 2007 bonds by their legal final maturity dates as referenced above.
The planetesimals in the asteroid belt should have accreted
to a sizable planet; only Jupiter's gravity keeping them apart can explain why they didn't.
The rating of the class A-2 accreted
notes addresses the likelihood that investors will receive the accreted
investment amount by the legal final maturity.
0 million in cash, the accreted
value of the tendered Notes as of the close of business on Friday, August 13, 2004.
Under the terms of the Notes, holders could require the Company to purchase all or a portion of their Notes on October 1, 2006 at a purchase price equal to the accreted
value of the Notes, which includes accrued and unpaid cash interest.
Pursuant to the terms of the indenture governing the Debentures, XL is obligated to purchase for cash Debentures tendered and not withdrawn before the close of business on May 21, 2004, at their accreted
value of $641.
The ratings of the above bonds address the issuer's ability to pay accreted
value of the series 2006A, 2006B, and 2006C bonds by their respective legal final maturity dates.
Cendant Corporation announced that, as part of its debt reduction strategy, on February 13, 2004 it intends to exercise its right to redeem the Zero Coupon Senior Convertible Contingent Debt Securities ("CODES") due February 2021 for cash at their accreted