Indenture (High-Yield Bonds)

Summary

This is a precedent form of Indenture to be used in connection with the issuance of high-yield bonds. A high-yield bond offering is an offering of bonds having a higher risk of default than government bonds or investment grade corporate bonds. Because of the higher risk of default, these bonds pay a higher yield than investment grade bonds. For information on the tasks of a first year associate practicing in capital markets, see the First Year Associate Resource Kit: Capital Markets. For more information on follow-on offerings see the Follow-On Offerings Resource Kit.