Common abrevat ins: Used when corp reorganizing or coming out of bankruptcy. pay interest only if capable, falls under unsecured debt securities

Question

Used when corp reorganizing or coming out of bankruptcy. pay interest only if capable, falls under unsecured debt securities

Mary Chacon · Accepted Answer

Income bonds (aka adjustment bonds)

Used when corp reorganizing or coming out of bankruptcy. pay interest only if capable, falls under unsecured debt securities