SIE: Bond Offerings: The Trust Indenture Act Of 1939

Taken from our SIE Online Guide

Bond Offerings: The Trust Indenture Act of 1939

Bond offerings have an additional registration requirement. The Trust Indenture Act of 1939 states that all companies that issue more than $5 million of corporate bonds must sell these bonds under a trust indenture. A trust indenture is a contract that spells out the covenants to be honored by the issuer and allo

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