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Glossary

Limitation on Liens

Limitation on Liens - covenant that limits the Issuer’s ability to effectively subordinate the bonds through lien subordination. The covenant restricts liens on assets securing indebtedness unless the bonds are equally and ratably secured, subject to certain exceptions, "Permitted Liens".

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200 000
issues: local and international bonds
170
countries
Сbonds is a global Fixed income data platform
+7 812 336 97 21
pro@cbonds.info
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