Debt Capital Markets · glossary
The holders’ one right to end the Notes early. After a Put Event, each holder may make Valkenrade repay its Notes at par, with interest. Valkenrade gives notice within 14 days, and a holder who wants out then has 45 days to act. Condition 6.5 · Chapter 4 · see Put Event
Explained in Chapter 4, Redemption: Maturity, Early Calls and the Change of Control Put, of Debt Capital Markets.
The change of control put is the holders’ one right to end the Notes early. It protects them against a new owner who leaves the group weaker…Read Chapter 4, Redemption: Maturity, Early Calls and the Change of Control Put →
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