Debt Capital Markets · glossary
Euroclear and Clearstream, which run the accounts where investors hold the Notes. A holding is an entry in such an account, and every payment reaches holders through them. Once the Common Safekeeper is paid, each accountholder looks only to its clearing system for its share. Prospectus, Global Form · Chapter 3 · see Global note, Common Safekeeper
Explained in Chapter 3, The Terms and Conditions: Status, Interest, Payments and Tax, of Debt Capital Markets.
Valkenrade does not print a paper bond for each investor. Instead, one global note stands for all €300 million. It is held for the clearing systems, Euroclear and Clearstream, which run the accounts where investors keep bonds. An investor’s holding is an entry in such an account.Read Chapter 3, The Terms and Conditions: Status, Interest, Payments and Tax →
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