exchange offer
exchange offer
an offer by an issuer of debt securities to exchange new securities with less onerous provisions for currently outstanding securities. Companies often make exchange offers in an attempt to avoid bankruptcy (Glossary of Common Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • exchange offer — An offer by a firm to give one security, such as a bond or preferred stock, in exchange for another security, such as shares of common stock. Bloomberg Financial Dictionary See capital reorganisation ( EXOF) Euroclear Clearing and Settlement… …   Financial and business terms

  • Exchange offer — An offer by the firm to give one security, such as a bond or preferred stock, in exchange for another security, such as shares of common stock. The New York Times Financial Glossary * * * exchange offer UK US noun [C] FINANCE ► an occasion when a …   Financial and business terms

  • exchange offer — See capital reorganisation (EXOF) Offer to shareholders to exchange their holdings for other securities and/or cash. Exchange offers are usually voluntary and involve the exchange of an outstanding security for a different security or securities… …   Euroclear glossary

  • exchange offer — A proposal to debt or equity holders that they should exchange their existing securities for new securities, the terms of which are usually less favourable. It is a mechanism for capital restructuring in situations of financial distress …   Big dictionary of business and management

  • share exchange offer — ➔ offer2 * * * share exchange offer UK US noun [C] FINANCE ► an offer that a company makes to exchange its shares for those of the shareholders of another company that it wants to take over: »In a friendly merger, the smaller company can agree to …   Financial and business terms

  • A/B exchange offer — USA A registered exchange offer in which the issuer issues new registered securities (usually non convertible debt) with terms identical to original securities issued in a private placement and offers the new securities to the holders of the… …   Law dictionary

  • Bond exchange offer — In a bond exchange offer, bondholders may consensually exchange their existing bonds for others with new terms the company can satisfy and new values in conformity with the writedown of stranded investment or whatever else.ee also*Financing… …   Wikipedia

  • securities exchange offer — A City Code on Takeovers and Mergers defined term for an offer in which the consideration includes securities of the bidder other than loan stock or loan notes (unless the stock or notes carry substantially the same rights as any other securities …   Law dictionary

  • offer — An expression indicating one s desire to sell a commodity at a given price; opposite of bid. Chicago Board of Trade glossary To show the desire to sell a futures contract at an established price. The CENTER ONLINE Futures Glossary Indicates a… …   Financial and business terms

  • Offer — Indicates a willingness to sell at a given price. Related: bid * * * ▪ I. offer of‧fer 1 [ˈɒfə ǁ ˈɒːfər, ˈɑː ] verb [transitive] 1. to say that you are willing to give someone something, or to give them it: offer somebody something • The …   Financial and business terms

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