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      Chastity Bond_投融網

      2023-04-25 18:35:23

      Chastity Bond

      時間:2018-05-02 21:21:50???? 瀏覽:88????評論:0????
      核心提示:A bond designed to prevent unwanted takeovers by having a maturity that is activated once a takeover is complete. |||The idea behind the chastity bond is that companies will be less inclined to take over a company if they know that afterward they wil


      A bond designed to prevent unwanted takeovers by having a maturity that is activated once a takeover is complete.
      |||The idea behind the chastity bond is that companies will be less inclined to take over a company if they know that afterward they will immediately be forced to pay bondholders.

      This is similar in nature to a macaroni strategy except that the redemption prices of the bonds are not inflated - the chastity bond matures at par.


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