Put

1. Options.

Put option.

2. Options.

To exercise an embedded put option to sell a security back to its issuer.

Bonds in issue may be put following change of control

"As part of the proposed all-share merger between Capital & Counties Properties plc and Shaftesbury plc announced in June 2022 and approved by shareholders in July 2022, Capital & Counties put in place a £576m backstop unsecured loan facility, provided by three banking partners, to support the redemption of all or part of the Shaftesbury Mortgage Bonds that may be put as a result of a change-of-control trigger."

The Treasurer online, 4 April 2023 - ACT Deals of the Year 2022: Loans below £750m Highly commended.

3. Verb.

To place.

As in put aside, put in place and the like.

See also

• Average effective maturity
• Average nominal maturity
• Backstop facility
• Bond
• Central bank put
• Change of control put
• Exercise
• Greenspan put
• Issuer
• Merger
• Put call parity
• Put-call parity theory
• Put option
• Puttable
• Receivable put
• Redemption
• Security
• Trigger event
• Unsecured