14. Covenants (S25.1) Explain carefully why bond indentures may place limitations on the following actions: a. Sale

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14. Covenants (S25.1) Explain carefully why bond indentures may place limitations on the following actions:

a. Sale of the company’s assets.

b. Payment of dividends to shareholders.

c. Issue of additional senior debt.

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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