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Two securities or obligations having equal rights to payment.
http://www.investopedia.com/terms/p/pari-passu.asp
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Parity Bond Two or more bond issues with equal rights to bond payments. Investopedia Says : Also referred to as 'part passu' or 'pari passu' bonds ... Investopedia Says: Also referred to as "part passu" or "pari passu" bonds, these types of fixed-income securities are commonly issued by municipalities as a way to...
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www.answers.com/topic/parity-bond
www.answers.com/topic/parity-bond
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The following sentence called a pari passu clause appears in every bond contract under which countries today issue debt: ... The following sentence, called a pari passu clause, appears in every bond contract under which countries today issue debt: "The obligations of the Guarantor hereunder do rank and will rank at...
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www.allacademic.com/meta/p17431_index.html
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Kirin Holdings Company, Limited has determined conditions for the issuance of Series 5, Series 6 and Series 7 unsecured straight bonds (with inter-bond pari passu clause) (respectively, the "Unsecured Pari Passu Bonds"). ... 1. Kirin Holdings Company Limited Series 5 Unsecured Pari Passu Bonds;
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www.kirinholdings.co.jp/english/news/2009/1029_01.html
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proceedings where creditors are said to be paid pari passu, or each creditor is paid pro rata in accordance with the amount of his claim. Here its meaning is "equally and without preference."; ... Pari passu is a Latin...
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www.absoluteastronomy.com/topics/Pari_passu
www.absoluteastronomy.com/topics/Pari_passu
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Top Page > Media Relations > 2001 > June 6, 2001 NTT DATA Corporation's 17th Issue of Unsecured Bonds -Ranking Pari Passu Solely with Other Series of Debentures or Bonds...
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www.nttdata.co.jp/en/media/2001/060600.html
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Top Page > Media Relations > 2004 > January 16, 2004 NTT DATA Corporation's 19th Issue of Unsecured Bonds Ranking Pari Passu Solely with Other Series of Debentures or Bonds...
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www.nttdata.co.jp/en/media/2004/011602.html
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Business Editors NEW YORK--(BUSINESS WIRE)--March 7, 2002 Fitch has assigned an 'A-' rating to Commonwealth Edison Company's (ComEd) new $400 million issue of first mortgage bonds due March 2012. The first mortgage bonds rank pari passu with all bonds outstanding under the mortgage. ... In January 2001, ... Business Editors NEW YORK--
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www.allbusiness.com/energy-utilities/utilities-industry...
www.allbusiness.com/energy-utilities/utilities-industry-electric-powerity/5864455-1.html
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SSRN-To Rank Pari Passu or Not to Rank Pari Passu: That is the Question in Sovereign Bonds by Dr. Rodrigo Olivares-Caminal.
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papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1291751_code93...
papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1291751_code939203.pdf?abstractid=1291751&mirid=1
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