Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
English to Spanish translations [PRO] Bus/Financial - Accounting / Financial Statements
English term or phrase:preferred trust securities
The Company has entered into agreements providing for the issuance of contingent ***preferred trust securities*** by a group of special purpose trusts.
Each trust is solely responsible for its obligations, and has been established for the purpose of entering into a put agreement with the Company that obligates the trusts, at the Company’s discretion, to purchase Perpetual Preferred Stock of the Company.