Make-Whole provision

Spanish translation: provisión completa

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Make-Whole provision
Spanish translation:provisión completa
Entered by: Karla Valeria Navarro Benítez

00:37 Mar 8, 2014
English to Spanish translations [PRO]
Law/Patents - Law: Contract(s) / merger
English term or phrase: Make-Whole provision
In the event of a Make-Whole Acquisition, each Holder of Convertible Preferred Stock shall have
the option to convert its shares of Convertible Preferred Stock
Karla Valeria Navarro Benítez
Mexico
Local time: 22:34
provisión completa
Explanation:
Mi opción. Suerte. Saludos,

Hacer una convocatoria de provisión completa te permitirá pagar tu deuda restante más temprano. Esta es una disposición introducida en bonos o préstamos que indicarán la cantidad de pago necesaria para satisfacer la deuda inicial. Una convocatoria de provisión completa no es de uso común, porque los costos pueden ser significativos ya que tendrás que ......
http://www.ehowenespanol.com/realizar-provision-completa-com...

Make whole provision
Definition:

Related to the lump-sum payments made when a loan or bond is called, equal to the NPV of future loan or coupon payments not paid because of the call. The payment can be significant and negate the attractiveness of a call.

Read more: http://www.nasdaq.com/investing/glossary/m/make-whole-provis...

The Life Cycle of Make-Whole Call Provisions
Abstract:
Make-whole call provisions are ubiquitous. While common perception is that the calls are rarely exercised, we demonstrate that bonds with make-whole call provisions are more than twice as likely to be retired early as equivalent non-callable bonds. Detailed analysis of these retirement events reveal four motivating rationales: 1) to refund the debt at what are perceived to be low current interest rates, 2) to eliminate restrictive covenants, 3) as a result of a merger or acquisition, often by a private equity group, and 4) as a mechanism for paying out excess cash, often generated by prior divestitures.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2139497
Selected response from:

M Elena
Belgium
Local time: 06:34
Grading comment
¡Muchas gracias!
4 KudoZ points were awarded for this answer



Summary of answers provided
3adquisición a modo de indemnización
Mariano M. Vitetta
3provisión completa
M Elena
Summary of reference entries provided
Refs.
Taña Dalglish

  

Answers


12 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
make-whole provision
adquisición a modo de indemnización


Explanation:
Creo que la pregunta se refiere al término "make-whole acquisition", que está en el párrafo que copiaste, que no menciona la palabra "provision".

Mariano M. Vitetta
Argentina
Local time: 01:34
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 22
Login to enter a peer comment (or grade)

18 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
make-whole provision
provisión completa


Explanation:
Mi opción. Suerte. Saludos,

Hacer una convocatoria de provisión completa te permitirá pagar tu deuda restante más temprano. Esta es una disposición introducida en bonos o préstamos que indicarán la cantidad de pago necesaria para satisfacer la deuda inicial. Una convocatoria de provisión completa no es de uso común, porque los costos pueden ser significativos ya que tendrás que ......
http://www.ehowenespanol.com/realizar-provision-completa-com...

Make whole provision
Definition:

Related to the lump-sum payments made when a loan or bond is called, equal to the NPV of future loan or coupon payments not paid because of the call. The payment can be significant and negate the attractiveness of a call.

Read more: http://www.nasdaq.com/investing/glossary/m/make-whole-provis...

The Life Cycle of Make-Whole Call Provisions
Abstract:
Make-whole call provisions are ubiquitous. While common perception is that the calls are rarely exercised, we demonstrate that bonds with make-whole call provisions are more than twice as likely to be retired early as equivalent non-callable bonds. Detailed analysis of these retirement events reveal four motivating rationales: 1) to refund the debt at what are perceived to be low current interest rates, 2) to eliminate restrictive covenants, 3) as a result of a merger or acquisition, often by a private equity group, and 4) as a mechanism for paying out excess cash, often generated by prior divestitures.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2139497

M Elena
Belgium
Local time: 06:34
Specializes in field
Native speaker of: Spanish
PRO pts in category: 64
Grading comment
¡Muchas gracias!
Login to enter a peer comment (or grade)




Reference comments


9 hrs
Reference: Refs.

Reference information:
Dejaría también en ingles: "make-whole" provision > disposición/pago adicional (complementario) por rescate anticipado

http://www.bci.cl/medios/2012/cb/documentos/ProspectoComerci...
ver "make-whole amount"

Ver: glosario
http://www.proz.com/kudoz/english_to_spanish/finance_general...
make-whole payment > pago adicional por rescate anticipado
Entiendo que se trata de un pago adicional (en efectivo) que se requiere para el rescate de acciones o pagarés antes de su fecha de vencimiento.

Prospecto Comercial. Emisión de Bonos Serie M y N - Masisa
www.masisa.com/medios/chile/inversionistas/prospecto_final_...
Aug 1, 2012 - Mecanismo Rescate Anticipado. Make Whole (Par; BCU + 1,00%). Make Whole (Par; BCU + ...... Ajustes por pérdidas (ganancias) por la disposición de activos no corrientes. -2.622. 4.434 ...... de la respectiva escritura complementaria, y (b) al valor del tipo de ...... Y PROVISIÓN DE FONDOS.- Los pagos se ...

[DOC]
27 Ene 2011 - Comisión Nacional de Valores
www.cnv.gov.ar/Infofinan/BLOB_Zip.asp?cod_doc=146829&error....
Obligaciones Negociables Clase 1 por hasta U$S 100.000.000 al [•] % ... capital en circulación o bien de una prima compensatoria (“make-whole premium”), ..... que puede resultarle útil a algunos inversores como medida complementaria del ...... a rescate se hubieran puesto a disposición a tal fin en la oficina fiduciaria del ...

Taña Dalglish
Jamaica
Specializes in field
Native speaker of: English
PRO pts in category: 111
Login to enter a peer comment (or grade)



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