Corporate bond

Bond issued by a company/securitised bearer debenture.

In addition to bank credits, companies may acquire equity capital via the capital market by issuing corporate bonds. Its conditions and characteristics, such as maturity, coupon and issue volume, are stated in the sales prospectus.

The interest rate payable by a company to the investors depends on the company’s credit rating, which expresses its creditworthiness: the more fragile the latter, the higher the coupon.

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