perpetual debenture


Also found in: Financial.

perpetual debenture

n
(Stock Exchange) a bond or debenture that can either never be redeemed or cannot be redeemed on demand
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
Fitch has also affirmed the National Long-Term Rating of its secured bonds at 'A(tha)', the National Long-Term Rating of its unsecured bonds at 'A-(tha)' and the National Long-Term Rating of its subordinated perpetual debentures at 'BBB(tha)'.
de C.V (NYSE: CX) has extended an early tender date for its four separate private offers to exchange CEMEX's currently outstanding perpetual debentures for new senior secured notes to be denominated in USD and EUR.