Restructuring Plans · glossary

Inside information

Precise news about a company that is not yet public and would move the price of its listed securities. A rescue still being agreed is such news. A noteholder that hears it may not trade until it is public or too old to move the price. Chapter 3 · see Cleansing announcement, Committee

Explained in Chapter 3, Bondholder Committees and Cleansing Inside Information, of Restructuring Plans.

The main page for this term is Inside information, in Debt Capital Markets.

How it comes up, in Chapter 3
Because the Notes are listed, the Market Abuse Regulation (MAR) applies to them. Its key idea is inside information. This is precise news about Valkenrade that is not yet public and would move the price of the Notes. A rescue still being agreed is just that kind of news.
Read Chapter 3, Bondholder Committees and Cleansing Inside Information →

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