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New rules on the raising of finance by issuing corporate bonds

11 de mayo, 2015

As is well known, the above regime not only affects «bonds» in the strictest of terms, but also any securities that recognise or create debt, provided that they are issued as a series (cf. art. 401 LSC). What is relevant, therefore, is not the name of the product (e.g., corporate promissory notes), but the fact that it issues (or covers the issue of) a number of rights, with shared characteristics, that represent aliquots of the external finance sought…



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