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Posted On: 09/12/2017 9:05:15 AM
Post# of 72446
Here's what Wikipedia says an indenture is:
https://en.wikipedia.org/wiki/Indenture
So is IPIX planning to issue bonds?
The link seems to show an UNSIGNED and UNDATED document. WTF?
Quote:
In the United States, public debt offerings in excess of $10 million require the use of an indenture of trust under the Trust Indenture Act of 1939. The rationale for this is that it is necessary to establish a collective action mechanism under which creditors can collect in a fair, orderly manner if default takes place (like that which occurs during bankruptcy).[5]
https://en.wikipedia.org/wiki/Indenture
So is IPIX planning to issue bonds?
The link seems to show an UNSIGNED and UNDATED document. WTF?
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