BNET Business Dictionary

Business Definition for: Bondholder

  • an individual or institution owning bonds issued by a government or company. Bondholders are entitled to payments of the interest as due and the return of the principal when the bond matures.

Additional Resources

Curative Completes Plan and Eliminates $185 Million in Bondholder Debt
Curative Health Services, Inc. announced today that the Company has completed its plan to eliminate $185 million in bondholder debt in less than 75 days. On May 22, 2006, the United States Bankruptcy Court for the Southern District of New York confirmed the Company's prepackaged plan of reorganization. ...
Tags: Critical Care Systems, Wound Care Centers Inc.
Research articles 2006-06-08
Companies breaking new ground in improving bondholder relations.
Fazal Merchant, manager of North American and European Funding at the US headquarters of Ford Motor Credit, thinks that buyers of his company's bonds should be treated in much the same way as individuals who buy the company's cars. He says: "One of our...
Tags: bond, bondholder, Diageo Plc., equity, FINANCE, Ford Motor Co., Investment, investor
Research articles 2001-07-16
Laidlaw Urges Bondholder Support Seeks to Establish Secured Credit Facility.
BURLINGTON, ON, Sep 26, 2000 During a conference call held this afternoon with holders of Laidlaw Inc. (NYSE:LDW; TSE:LDM) bonds, Mr. Stephen Cooper, vice chairman of Laidlaw's board of directors and chief restructuring officer discussed the benefits of achieving bondholder consent to permit ...
Tags: bondholder, Cooper, FINANCE, financing, Investment
Research articles 2000-09-27
GM's Bondholder Pillaging Plan
Tyler Durden submits: Link here. Perusing the bondholder pillaging plan now. Looks like GM is being nationalized (at least U.S. getting majority stake). [Emphasis mine.]Summary: by Tyler Durden
Tags: Transport, Tyler Durden, Ford Motor Co., General Motors Corp.
External links 2009-04-27
First Splinter Bondholder Committee Formed in GM Bankruptcy
Tyler Durden submits: In the first bondholder splinter group in the GM bankruptcy, today Paul Weiss filed a statement under rule 2019, creating an informal group of bondholders. The four initial members hold $1.6 billion face in notes, and were previously members of the HLHZ-advised ad hoc committee, which...
Tags: Transport, Tyler Durden, General Motors Corp.
External links 2009-06-02
Re: MyTravel Group plc - Statement on Behalf of the Ad Hoc Convertible Bondholder Committee
LONDON -- The ad hoc convertible bondholder committee (the "Committee") of holders of MyTravel Group plc's GBP 216 million 7% Convertible Bonds due 2007, represented by Cadwalader, Wickersham & Taft LLP and Houlihan, Lokey, Howard & Zukin Europe Limited, has seen the Company's restructuring announcement this morning and authorised the...
Tags: MyTravel Group Plc.
Research articles 2004-11-03
Re: MyTravel Group plc; Statement on Behalf of the Ad Hoc Convertible Bondholder Committee
LONDON -- The ad hoc convertible bondholder committee (the "Committee") of holders of MyTravel Group plc's GBP 216 million 7% Convertible Bonds due 2007, represented by Cadwalader, Wickersham & Taft LLP and Houlihan, Lokey, Howard & Zukin Europe Limited, has authorised the following statement on the Committee's behalf. "During...
Tags: MyTravel Group Plc.
Research articles 2004-11-05
Re: MyTravel Group plc; Statement on Behalf of the Ad Hoc Convertible Bondholder Committee
LONDON -- The ad hoc convertible bondholder committee (the "Committee") of holders of MyTravel Group plc's GBP 216 million 7% Convertible Bonds due 2007, represented by Cadwalader, Wickersham & Taft LLP and Houlihan, Lokey, Howard & Zukin Europe Limited, has authorised the following statement on the Committee's behalf. "The...
Tags: MyTravel Group Plc.
Research articles 2004-11-24
Moody's places Investor AB's A2 long-term and Prime-1 short-term ratings on review for potential downgrade to assess bondholder protection strategies in face of weakening debt coverage; Approximately $1.9 billion of debt securities affected.
M2 PRESSWIRE-4 September 2002-Moody's Investors Service: Moody's places Investor AB's A2 long-term and Prime-1 short-term ratings on review for potential downgrade to assess bondholder protection strategies in face of weakening debt coverage; Approximately $1.9 billion of debt securities affectedC1994-2002 M2 COMMUNICATIONS LTD ...
Tags: Investor AB, Moody's Corp.
Research articles 2002-09-04
Re: MyTravel Group plc - Statement on Behalf of the Ad Hoc Convertible Bondholder Committee.
LONDON, Nov 3, 2004 CCNMatthews via COMTEX The ad hoc convertible bondholder committee (the "Committee") of holders of MyTravel Group plc's GBP 216 million 7% Convertible Bonds due 2007, represented by Cadwalader, Wickersham & Taft LLP and Houlihan, Lokey, Howard & Zukin Europe...
Tags: MyTravel Group Plc.
Research articles 2004-11-03
Re: MyTravel Group plc; Statement on Behalf of the Ad Hoc Convertible Bondholder Committee.
LONDON, Nov 5, 2004 CCNMatthews via COMTEX The ad hoc convertible bondholder committee (the "Committee") of holders of MyTravel Group plc's GBP 216 million 7% Convertible Bonds due 2007, represented by Cadwalader, Wickersham & Taft LLP and Houlihan, Lokey, Howard & Zukin Europe...
Tags: MyTravel Group Plc.
Research articles 2004-11-05
Re: MyTravel Group plc; Statement on Behalf of the Ad Hoc Convertible Bondholder Committee.
LONDON, Nov 24, 2004 CCNMatthews via COMTEX The ad hoc convertible bondholder committee (the "Committee") of holders of MyTravel Group plc's GBP 216 million 7% Convertible Bonds due 2007, represented by Cadwalader, Wickersham & Taft LLP and Houlihan, Lokey, Howard & Zukin Europe...
Tags: MyTravel Group Plc.
Research articles 2004-11-24
Bondholder Sues Norfolk, Va.-Based Grocer, Farm Fresh.(Originated from The Virginian-Pilot, Norfolk, Va.)
Nov. 7--After its offer of financial assistance was rebuffed, a Farm Fresh bondholder on Wednesday sued the Norfolk-based grocer over the company's failure to make an Oct. 1 interest payment on its debt. Farm Fresh Inc. said it defaulted on the...
Tags: PPM America Inc.
Research articles 1997-11-07
A TARP Failure: CIT Files for Bankruptcy
CIT Group Inc.'s holding company filed for Chapter 11 bankruptcy in New York on November 1, a move that was expected but which still constitutes one of the largest bankruptcies in U.S. history. The big lender had received $2.3 billion in December 2008 from the government under the Troubled Asset...
Tags: Bankruptcy, Debt, CIT Group
News items 2009-11-02
Bankruptcy Judge Critical of Excite Bid.(Brief Article)
REDWOOD CITY, CALIF. -- The federal bankruptcy court judge presiding over Excite@Home's Chapter 11 proceedings said he is doubtful that the $307 million bid from AT&T Corp. for the company's assets will fly, given strong bondholder opposition. REDWOOD CITY, CALIF. -- The federal...
Tags: bankruptcy, Chapter 11
Research articles 2001-10-29
Mercy backer woos a new set of suitors; Hospital shops itself to U of C, NW Memorial.(News: Mercy Hospital and Medical Center, University of Chicago Hospitals and Northwestern Memorial Hospital)
Byline: SARAH A. KLEIN A bondholder and adviser of the financially struggling Mercy Hospital and Medical Center is pushing for a sale of the hospital, after one would-be buyer stepped away from the bargaining table. New York-based investment ban Byline: SARAH...
Tags: C, hospital, University of Chicago
Research articles 2002-10-07
People's Choice Will Seek $25M Loan.
Wireless-communications operator People's Choice TV Corp. PCTV has withdrawn a bond restructuring because its largest bondholder stated that it would not accept the terms of the offering. Instead, PCTV -- which decided to abandon the wireles Wireless-communications operator People's...
Tags: bondholder, Phoenix Technologies
Research articles 1999-03-22
Cherokee restructures capital; shoe division sees little impact.
Cherokee Inc plans to convert $76 million in senior subordinated notes into common stock as part of an agreement to pay off bondholder. The arrangement will give noteholders a 90% share of the company. Cherokee will also exchange outstanding trade debt foCherokee Inc plans to convert $76 million in senior...
Tags: common stock
Research articles 1994-10-17
UGC, Liberty Rework Merger.(UnitedGlobalCom Inc., Liberty Media)(Brief Article)
Faced with the potential bondholder rejection of a proposed $4.02 billion merger with Liberty Media Corp., UnitedGiobalCom Inc. has opted for plan B. Liberty and UGC agreed last year to a merger that would give Liberty an 82-percent voting st ...
Tags: Liberty Media Corp., merger, UGC
Research articles 2001-02-26
CIT, Icahn Agreement Brings Bankruptcy Closer
By Elinor ComlayNEW YORK (Reuters) - Billionaire investor Carl Icahn, who had been trying to derail CIT Group Inc's CIT efforts to launch a restructuring plan, said on Friday he was now backing the lender's pre-packaged bankruptcy, making a filing as soon as this weekend more likely, analysts said.Shares in...
Tags: Financing, Bondholder, Bankruptcy, Carl Icahn, CIT Group Inc., Litigation, CIT Group, Goldman Sachs Group Inc.
News items 2009-10-30
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