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Corporate Bonds
Generally, corporate bonds are issued by a corporation and constitute a debt obligation of such corporate entity. Such corporation is contractually obligated to make timely payments of principal and interest. By investing in debt obligations, an investor becomes a creditor of the corporation and is entitled to receive interest payments until the debt matures upon a stated maturity date. The debt may be a secured obligation (i.e. collateralized), an unsecured obligation, or a subordinated obligation. The primary advantage of investing in corporate debt obligations is derived from the higher claim on assets as opposed to holding a preferred equity or common equity stake in such corporation. |
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CEDAR RIDGE PARTNERS |
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