Glossary entry

Spanish term or phrase:

aviso de amortización objetivo parcial de principal

English translation:

notice of compulsory, partial repayment of the principal (redemption)

Added to glossary by lopatita
Oct 11, 2019 21:18
4 yrs ago
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Spanish term

aviso de amortización objetivo parcial de principal

Spanish to English Bus/Financial Finance (general) Brokerage firm
Aviso de amortización objetivo parcial de principal de las emisiones DINEXCB 16 y 16-2 para el próximo 17 de octubre, por un monto de $300mdp para la serie 16; y de $90mdp para la serie 16-2.

Proposed translations

11 hrs
Selected

notice of compulsory, partial repayment of the principal (redemption)

To start the ball rolling...

Emisiones DINEXCB 16 y DINEXCB 16-2 > Issues of Stock Exchange Certificates?
Notes:

1. redemption of bonds, company shares or a mortgage, but - strictly - repayment of capital or prinicpal of a loan. Exception: redemption life assurance/ insurance business.

2. objetivo: speculatively, compulsory so automatically at the issuer's end vs. subjetivo - voluntarily - at the bondholders' initiative.

otp.investis.com/generic/regulatory-story.aspx?newsid=1270785&cid=86
28 May 2019 ... Notice of Compulsory Partial Redemption of Shares ... after the Record Date but before the Redemption Date, will be transformed automatically ...

Example sentence:

Notice of Compulsory Partial Redemption of Shares Released : 28/05/2019 05:56:00

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