What is a trustee? Why do bondholders insist that a trustee be included in all public bond

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What is a trustee? Why do bondholders insist that a trustee be included in all public bond offerings? Why are these less necessary in private debt placements?

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Introduction to Corporate Finance What Companies Do

ISBN: 978-1111222284

3rd edition

Authors: John Graham, Scott Smart

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Question Posted: Mar 26, 2015 06:46 AM

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What is a trustee? Why do bondholders insist that a trustee be included in all public bond

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A trustee is an individual corporation or a commercial bank trust department designated to look ...View the full answer

Introduction to Corporate Finance What Companies Do

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