Callable bond

Shepherd, Smith, Edwards & Kantas: Unsuitable Broker Recommendations of Structured Notes, Including Callable Yield Notes and Autocallable Securities is Causing Investors’ Losses During COVID-19

Retrieved on: 
Monday, April 27, 2020
Finance, Money, Economy, Security, Stock market, Callable bond, Investor, Structured finance, Merrill Lynch High Yield Master II, Bond

Structured Notes are complex investments that are high risk and not for the average investor.

Key Points: 
  • Structured Notes are complex investments that are high risk and not for the average investor.
  • While brokerage firms typically issue these Notes, these investments are not for investors who are risk-averse, including most retirees or senior investors, nor are they suitable for other unsophisticated retail investors.
  • The majority of these notes pay a coupon or interest rate according to set parameters with the payment defined upon maturity.
  • Aside from auto-callable securities and callable yield notes, other types of structured notes include market linked notes, trigger performance securities, return optimization notes, E-TRACs, strategic return notes, return optimization notes, capped leveraged return notes, Equity Linked Securities (ELKs), Performance Leveraged Upside Securities (PLUS), and target term securities.

DGAP-News: Arab Petroleum Investments Corporation (APICORP) General Assembly ratifies a Landmark Callable Capital Increase to USD8.5 Billion, Demonstrating Strong Shareholder Support and Long-Term Commitment

Retrieved on: 
Monday, April 20, 2020
Options, Callable bond, Financial capital, Multilateral development banks

Arab Petroleum Investments Corporation (APICORP) General Assembly ratifies a Landmark Callable Capital Increase to USD8.5 Billion, Demonstrating Strong Shareholder Support and Long-Term Commitment

Key Points: 
  • Arab Petroleum Investments Corporation (APICORP) General Assembly ratifies a Landmark Callable Capital Increase to USD8.5 Billion, Demonstrating Strong Shareholder Support and Long-Term Commitment
    The issuer is solely responsible for the content of this announcement.
  • The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that its General Assembly ratified a landmark increase in callable capital to USD8.5 billion at its Annual General Meeting (AGM), as well as a significant increase in authorized and subscribed capital.
  • The increase in the capital reinforces long-term commitment towards APICORP's sustainable growth plans for the benefit of its member countries.
  • The callable capital increase further bolsters APICORP's financial sustainability and resiliency and its overall financial position.

AIG to Redeem 4.35% Callable Notes Due 2045

Retrieved on: 
Thursday, February 13, 2020
Other Professional Services, Professional services, Insurance, Finance, American International Group, Subprime mortgage crisis, Redemption value, Callable bond, Redemption, Economy of New York City, Companies, New York City

American International Group, Inc. (NYSE: AIG) today announced that it will redeem all of its outstanding 4.35% Callable Notes Due 2045 (ISIN No.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced that it will redeem all of its outstanding 4.35% Callable Notes Due 2045 (ISIN No.
  • On the Redemption Date, AIG will pay to the registered holders of the Notes a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but not including, the Redemption Date.
  • This press release does not constitute a notice of redemption of the Notes.
  • Holders of the Notes should refer to the notice of redemption delivered to the registered holders of the Notes by The Bank of New York Mellon, the trustee with respect to the Notes.

GCI Liberty Prices $325 Million Upsized Offering of New Senior Notes Due 2024

Retrieved on: 
Monday, June 3, 2019
Technology, Internet, Telecommunications, Mobile, Wireless, U.S. Securities and Exchange Commission, Financial markets, Finance, 73rd United States Congress, GCI, Issuer, Security, Securities Act, Economy, Callable bond

GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBP) announced today that its wholly-owned subsidiary, GCI, LLC (the Issuer) has priced and agreed to sell to initial purchasers in an upsized private offering $325 million of new 6.625% senior notes due 2024 (the 2024 Notes).

Key Points: 
  • GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBP) announced today that its wholly-owned subsidiary, GCI, LLC (the Issuer) has priced and agreed to sell to initial purchasers in an upsized private offering $325 million of new 6.625% senior notes due 2024 (the 2024 Notes).
  • The net proceeds of the offering, together with cash on hand, will be used to fund the redemption of the Issuers $325 million aggregate outstanding principal amount of 6.75% Senior Notes due 2021 (the 2021 Notes), which are callable at par.
  • The offering is being made pursuant to an exemption under the Securities Act of 1933, as amended (the Securities Act).
  • GCI Libertys principal assets consist of its subsidiary GCI Holdings, LLC (GCI) and interests in Charter Communications and Liberty Broadband Corporation.