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Chastity Bond
时间：2018-05-02 21:21:50
浏览：88 评论：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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