罗斯公司理财Chap005.pptVIP

Contract between the company and the bondholders that includes: The basic terms of the bonds The total amount of bonds issued A description of property used as security, if applicable Sinking fund provisions Call provisions Details of protective covenants Features of a recent Pepsico bond issue demonstrate the range of topics covered in the bond indenture: Registered vs. Bearer Forms Security Collateral – secured by financial securities Mortgage – secured by real property, normally land or buildings Debentures – unsecured Notes – unsecured debt with original maturity less than 10 years Seni