Glossary entry (derived from question below)
German term or phrase:
mit der Basistranche fungibler Obligationen
English translation:
bonds that are identical with those of the original (first) tranche
Added to glossary by
Paula Price
Sep 3, 2004 15:30
19 yrs ago
2 viewers *
German term
United Kingdom
Reliable German/French to English
Native in: English (Variants: US, UK) 
Works in: German to English, French to English
mit der Basistranche fungibler Obligationen
German to English
Bus/Financial
Investment / Securities
Aufstockungsmöglichkeit
Die Obligationen dieser Anleihe werden in einer ersten Basistranche von CHF xxx xxx xxx ausgegeben. Die Ermittentin behält sich das Recht vor, jederzeit ohne Zustimmung der Obligationäre den Anleihebetrag durch Ausgabe weiterer, mit der Basistranche fungibler Obligationen (bezüglich Anleihebedingungen, Valoren-Nummer, Restlaufzeit und Zinssatz) aufzustocken (die “Aufstockungstranche”).
Die Obligationen dieser Anleihe werden in einer ersten Basistranche von CHF xxx xxx xxx ausgegeben. Die Ermittentin behält sich das Recht vor, jederzeit ohne Zustimmung der Obligationäre den Anleihebetrag durch Ausgabe weiterer, mit der Basistranche fungibler Obligationen (bezüglich Anleihebedingungen, Valoren-Nummer, Restlaufzeit und Zinssatz) aufzustocken (die “Aufstockungstranche”).
Proposed translations
(English)
| 3 +5 | bonds that are identical with those of the original (first) tranche |
Ted Wozniak
|
Change log
Feb 12, 2015 12:00: Steffen Walter changed "Field (specific)" from "Finance (general)" to "Investment / Securities"
Proposed translations
+5
24 mins
Ted Wozniak
United States
United States
Native in English
Specializes in field
United States
Bridging the Language GAAP-
Native in: English (Variant: US)
Works in: German to English
Related KudoZ points
:
103
Selected
bonds that are identical with those of the original (first) tranche
fungible normally means something can take the place of something else. But here, the phrase "bezüglich Anleihebedingungen ..." indicates that the additional bonds are not "replacing" the original issue, but merely supplementing it and that the additional bonds will have the same terms as those in the underlying tranch.
--------------------------------------------------
Note added at 27 mins (2004-09-03 15:57:37 GMT)
--------------------------------------------------
I\'d reword the whole paragraph something along the lines of \"may increase the issue amount by issuing additional bonds with identical terms as the original issue with respect to ...
In a hurry. sorry I can\'t help more.
Ted
--------------------------------------------------
Note added at 27 mins (2004-09-03 15:57:37 GMT)
--------------------------------------------------
I\'d reword the whole paragraph something along the lines of \"may increase the issue amount by issuing additional bonds with identical terms as the original issue with respect to ...
In a hurry. sorry I can\'t help more.
Ted
4 KudoZ points awarded for this answer.
Comment: "Thanks a lot!"
Something went wrong...