Mandatorily Redeemable Preferred Securities definition
Mandatorily Redeemable Preferred Securities means the 7-7/8% Cumulative Quarterly Income Preferred Securities, Series A (QUIPS) (related debentures due 2025) and similar securities issued from time to time, the proceeds of which are received by the Borrower and which are treated for accounting and rating agency purposes in a substantively similar manner.
Mandatorily Redeemable Preferred Securities means the 7 7/8% Cumulative Quarterly Income Preferred Securities, Series A (QUIPS) (related debentures due 2025) and similar securities issued from time to time, the proceeds of which are received by the Borrower and which are treated for accounting and rating agency purposes in a substantively similar manner.
Mandatorily Redeemable Preferred Securities means the 7-7/8%
Examples of Mandatorily Redeemable Preferred Securities in a sentence
Company-Obligated Mandatorily Redeemable Preferred Securities of a Subsidiary Trust ----------------------------------------------------------------------------- During 1995, Ford Motor Company Capital Trust I (the "Trust") issued $632 million of its 9% Trust Originated Preferred Securities (the "Preferred Securities") in a one-for-one exchange for 25,273,537 shares of the company's outstanding Series B Depositary Shares (the "Depositary Shares").
TDS Capital II, a subsidiary trust of TDS ("Capital II"), has outstanding 6,000,000 8.04% Company-Obligated Mandatorily Redeemable Preferred Securities.
More Definitions of Mandatorily Redeemable Preferred Securities
Mandatorily Redeemable Preferred Securities means the 7 7/8% Cumulative Quarterly Income Preferred Securities, Series A (QUIPS) (related debentures due 2025), the 8 1/2 % Cumulative Quarterly Income Preferred Securities, Series B (QUIPS) (related debentures due 2036) and similar securities issued from time to time, the proceeds of which are received by the Company and which are treated for accounting and rating agency purposes in a substantively similar manner.
Mandatorily Redeemable Preferred Securities means the 7 7/8% Cumulative Quarterly Income Preferred Securities, Series A (QUIPS) (related debentures due 2025), the 8 1/2%