Topic
Bonds
Corporate and project bonds explained: coupons, maturities, covenants and the role of the security trustee.
What a security trustee does for bondholders
What a security trustee does in a bond or loan note issue, why investors look for one, and what it costs the issuer.
Running a bond issue: what is involved
A loan from many investors on one set of terms. What has to be true first, the pieces of the transaction, and the obligations that follow.
Refinancing company debt with a bond: when it works, and how
When refinancing expensive or short-term company debt with a bond makes sense, what it costs, how the process runs, and the mistakes that turn a refinance into a rescue.
Secured vs unsecured bonds: what the security actually protects
Secured and unsecured corporate bonds compared: fixed and floating charges, security trustees, loan-to-value, ranking and what investors recover if an issuer defaults.
Bonds or loan notes: which suits your raise?
Bonds are standardised, scalable and rigid. Loan notes are bespoke and flexible. The four questions that decide whether either is sound.
