Bond issued to companies that are going through Chapter 11 bankruptcy, which requires reorganization of the company. Interest payments are not required until the company becomes financially viable again.
Related information about reorganization bond:
- Reorganization Bond - Financial Dictionary - The Free Dictionary
encyclopedia ? Reorganization Bond. 0.01 sec. Reorganization bond. A bond issued by a company undergoing a reorganization process. Reorganization Bond ...
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- 1913 CHINESE REORGANIZATION BOND - 20LB
áMy Seller, who is a seasoned Collector and Seller of Historical Chinese Bonds has available the following for immediate settlement: á á ...
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- Adjustment Bond Law & Legal Definition
... of the outstanding debt obligations of the company that is accomplished by adjusting the terms. Adjustment bonds are also known as reorganization bond.