A bond that offers the issuer the option to put off interest payments in exchange for increased coupon payments. A toggle note requires that all deferred interest payments be settled by the date upon which the bond matures. Toggle notes are sometimes issued by companies going through temporary cash flow difficulties.
Related information about toggle note:
- Toggle Note Definition | Investopedia
A payment-in-kind bond, where the issuer has the option to defer an interest payment by agreeing to pay an increased coupon in the future. With toggle notes, all ...
- PIK loan - Wikipedia, the free encyclopedia
With a PIK toggle note, the borrower in each interest period has the option to pay interest in cash or to PIK the interest payment. Sometimes, the borrower may ...
- Toggle Note: Definition from Answers.com
Toggle Note A payment-in-kind bond, where the issuer has the option to defer an interest payment by agreeing to pay an increased coupon in the future.
- What is toggle note? definition and meaning
Definition of toggle note: A bond that offers the issuer the option to put off ... A toggle note requires that all deferred interest payments be settled by the date upon ...
- Laureate Education, Inc. Announces Amendments To Tender Offers ...
Nov 13, 2012 ... The Offers are being made pursuant to the Offer to Purchase dated October 19, 2012 relating to the Senior Toggle Note Offer (as it may be ...
- Making note toggle - note on/note off on PC3K8 - Kurzweil ...
Oct 24, 2012 ... Making note toggle - note on/note off on PC3K8 - posted in Kurzweil: Synthesizers: Is there a way that a note can act as a toggle to turn the note ...
- Toggle Notes
Feb 21, 2007 ... The bond, formally known as a payment-in-kind toggle note, is becoming an increasingly important part of the arsenal of private-equity firms as ...
- Simple Entry Tool
Toggle Note/Rest. Change note(s) to rest(s) or rest(s) to note(s). Add Articulation. Shows Waiting for Input dialog box. Type an articulation Metatool to add ...