Читайте также:
|
A long-term loan- долгосрочный кредит;
Lender- кредитор;
short term financing- краткосрочное финансирование;
debt- долг;
stockholders- акционер;
to issue bonds- выпустить облигации;
debentures- долговое обязательство;
indenture agreement-договор соглашения;
redemption premium-погасительная премия;
conversion privilege- преобразовательная привилегия;
convert one’s investment- конвертировать чьи-либо инвестиции;
Convertibility- конвертируемость.
3. Прочитайте текст снова и письменно ответьте на вопросы:
1. What’s a long-term loan?
A long-term loan is a loan that has a maturity of from one to ten years. Within this period of time the firm pays interest on the debt.
2. When does a firm issue bonds?
If the firm wants to be free of lender’s restrictions, it may issue bonds.
3. What the value of the most bonds?
Most bonds carry a face value of $1000 and pay a predetermined interest rate (the coupon rate).
4. What can a company offer if a company wants to sell bonds?
If a company wants to sell bonds it can offer some collateral. It is difficult, if not impossible, to find investors who are willing to buy bonds, which are not backed up by collateral.
5. What does the conversion privilege allow bondholders?
It allows bondholders to convert their investment into stated number of shares of common stock.
Дата добавления: 2015-07-11; просмотров: 57 | Нарушение авторских прав