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Stock warrants are often used as 'sweeteners' to bond deals to obtain A lower interest rate on the bond. All else equal, callable bonds with

Stock warrants are often used as 'sweeteners' to bond deals to obtain A lower interest rate on the bond.
All else equal, callable bonds with a sinking fund have lower required retur than non-callable bonds without a sinking fund
An unsecured bond that has no specific collateral other than the general creditworthiness of the issuing firm is called a debenture.
In the event of a default, subordinated debenture holders receive a cash distribution after secured bonds and regular debentures.
When an investment banker purchases an offering from a bond issuer and then resells it to the public, this is known as a firm commitment.
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