Unsecured Notes Explained: Risks and Advantages

An unsecured note is a type of corporate debt without collateral, offering higher interest due to greater risk. Learn how ...

Permex Petroleum Announces Receipt of Notice of Default from Debentureholders and Failure to File Annual Audited Financial Statements

Permex Petroleum Corporation (CSE: OIL) (FSE: 75P) ("Permex" or the "Company") has received a Notice of Default from the holders of its secured convertible debentures (the "Debentures") which were ...
CNBC

What is collateral on a loan — and when do you need it?

Collateral is a valuable asset (like a car, house or even cash) you can pledge to secure a loan. If you fail to repay your loan, the lender can seize whatever you've put up as collateral. Financial ...
AOL

Debentures vs Traditional Bonds: What You Need To Know

When delving into the world of investments, you’ll encounter a variety of options, each with its own set of characteristics and benefits. Among these are debentures and traditional bonds, two common ...
Business Insider

Delek Group Announces Updated Plan Formulated Together With Representatives of the Debenture Holders to Strengthen Collateral and Capital, in Advance of Vote Expected Next Week

TEL AVIV, Israel, June 11, 2020 /PRNewswire/ -- Delek Group (TASE: DLEKG) (US ADR: DGRLY) ("the Company") published an updated plan to amend the Company's Deeds of Trust, which has been formulated ...
eturbonews

Chorus Aviation closes redemption of its Senior Debentures

Chorus Aviation Inc. today announced that it has closed the redemption of $115,000,000 principal amount of Chorus’ 6.00% Senior Debentures due December 31, 2024, representing all of the Debentures ...