Negative Pledge Clause Stipulation or covenant in a bond requiring borrower or issuer to give lenders a claim or lien that equals what is offered to current unsecured lenders in future. … [Read more...]
PFhub - Business, Financial & Economic News
PFhub is the the authoritative source of economic, business and financial news from around the world.
Negative Pledge Clause Stipulation or covenant in a bond requiring borrower or issuer to give lenders a claim or lien that equals what is offered to current unsecured lenders in future. … [Read more...]