putable
puttable

Significant maturities include $575 million of convertible bonds, which are putable in 2010.

These are referred to as retractable or putable bonds.

These are called putable bonds.

A straight bond that is neither callable nor putable is called a bullet bond.

This risk is mitigated by Southcoast's strong liquidity position that covers putable debt by eight times.

The overhang of 'putable' debt may be the next problem to hit some companies already struggling with tight credit markets and large refinancing needs. '

A "putable bond" contains provision that allow the holder to demand early redemption at a predetermined price at specified times in the future.

S&P earlier this month put Omnicom's debt on review for downgrade, citing its high concentration of putable debt.

For example during 2010, there were significant developments in bank funding instruments such as putable CDs and evergreen [extendable] repos.

Puttable bond (put bond, putable or retractable bond) is a bond with an embedded put option.

From time to time, RNS may provide aggregated statistical information about sales, browsing patterns and navigation techniques to re putable third parties.

For bonds that have embedded options, such as putable and callable bonds, Modified duration will not correctly approximate the price move for a change in yield.

Fugit is thus used for the hedging of convertible bonds, equity linked convertible notes, and any putable or callable exotic coupon notes.

Ratings remain on CreditWatch developing pending clarification of XM's plan to deal with certain debt that will become putable upon the close of the proposed transaction.

However, Anixter has $370 million (face value) of convertible notes outstanding which are putable to the company in July 2009 at roughly 46% of par which could further inhibit liquidity.

U.S. companies have issued nearly $55 billion of convertible bonds that are putable over the next three years, according to Thomson Reuters data, though the total includes some that may have already been redeemed.

The proposed convertible senior notes are pari passu with the company's existing senior note issue and are putable to the company at five year intervals beginning on September 15, 2013 and upon a change of control.

Risks associated with the high concentration of 12- to 18-month putable debt in Omnicom's debt structure (66% as of year-end 2008) now have been compounded, in our view, by inclement capital market conditions, especially for convertible debt financing.

If the company is unsuccessful in completing the Exchange Offer before August 5, 2008, the $125 million of 4% Contingent Convertible Senior Subordinated Notes will become putable for cash to the company at par on that date.

For callable- and putable bonds a third step would be required: at each node in the time-step incorporate the effect of the embedded option on the bond price and / or the option price there before stepping-backwards one time-step.

The rating review for possible downgrade reflects Moody's increased uncertainty surrounding the company's ability to favorably refinance its $144 million 2.25% Convertible Senior notes (not rated by Moody's), which are putable at the holder's option on August 15, 2009.

Callable and putable bonds can be valued using the lattice-based approach, as above, but additionally allowing that the effect of the embedded option is incorporated at each node in the tree, impacting the bond price and / or the option price as specified.

Issuer: Sinclair Television Group, Inc ....Outlook, Changed To Negative From Stable The downgrades reflect heightened refinancing risk associated with Sinclair's $345 million 3% convertible notes and $150 million 4.875% convertible notes that are putable at par in May 2010 and January 2011, respectively.

However, Omnicom has a further $727 million of senior convertible notes due 2032 that we believe may be put by holders at the end of this July, followed by $467 million of convertible notes due 2038 that are putable in June 2010, and the company also incurs significant intra-month and seasonal working capital needs.

The ST-IFSR provides institutional investors and financial intermediaries with an opinion about a life insurance company's ability to meet its senior short-term policy claims that mature or are payable in one year or less, such as short-term putable or extendible funding agreements purchased by 2a-7 money market fund investors and securities lending firms.

After the conversion, Conway will have 275% cash to puttable debt.

I also like it because the greens are puttable."

Steve Marino drops back to two under after missing a very puttable effort on the tricky 11th.

The holder of the puttable bond has the right, but not the obligation, to demand early repayment of the principal.

The price behaviour of puttable bonds is the opposite of that of a callable bond.

Pricing of the extendible bond will be similar to that of a puttable bond.

Puttable bond: allows the holder to demand early redemption at a predetermined price at a certain time in future.

But they are puttable.

He was not puttable.

Yield on a puttable bond is lower than the yield on a straight bond.

Foreign currency securities issued embedded options (puttable bonds)

The junior debt traditionally comprises puttable, rolling 10-year bonds, but shorter maturities and bullet notes became more common.

While the convertible notes are puttable in May 2008, Kaydon's cash on balance sheet and unused revolver should provide sufficient liquidity cushion.

Puttable warrants: Offer investors the right to sell shares of a company back to that company at a specific price at a future date prior to expiration.

Puttable bond (put bond, putable or retractable bond) is a bond with an embedded put option.

The $235 million preferred stock, which represents 40% of SRAM's equity, has no stated maturity date and is neither puttable nor callable.

Although these changes increase the amount of puttable variable rate debt for the University, the total of $254 million remains manageable given the University's $1.6 billion of unrestricted financial resources.

Some common types of bonds with embedded options include callable bond, puttable bond, convertible bond, extendible bond, exchangeable bond, and capped floating rate note.

The issuance proceeds from the units were used to purchase puttable fixed-rate notes that are due in 2009 and issued by AIG-FP Matched Funding Corp.

The VMIG 1 ratings are based on Ascension Health's own large and liquid investment portfolio, which provides support for tenders of puttable debt and purchase of serial mode bonds.

The 'F1+' short-term rating is based on UPMC's long-term credit characteristics, $2.8 billion unrestricted cash position, and the degree of flexibility provided by the structure of the $105 million puttable 2005B bonds.

Shares of the Company's Class A common stock, into which the New Notes are puttable, have been reserved for issuance by the Company and listed on the New York Stock Exchange.

Yield to worst (YTW): when a bond is callable, puttable, exchangeable, or has other features, the yield to worst is the lowest yield of yield to maturity, yield to call, yield to put, and others.

The downgrade of the company's liquidity rating to SGL-3 from SGL-2 recognizes Moody's expectations that there is a high probability that the company will have to repurchase the $115 million convertible securities due 2023 that are puttable in July 2008.

Some bonds have option features attached to them: callable and puttable bonds are examples of this, as are convertible bonds (bonds that can be converted into other types of bonds or into equity) and bonds with warrants attached to them.