Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

Glossary

Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries

Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries - covenant that prevents cash flow needed to service debt of the Issuer from being trapped at a subsidiary level. The covenant provides that all cash generated by Restricted Subsidiaries to be able to freely flow up to the Issuer so that it may be used to satisfy its obligations under the bonds.

Share:

minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×