{"id":2975,"date":"2015-03-02T21:24:32","date_gmt":"2015-03-02T21:24:32","guid":{"rendered":"http:\/\/www.kunnskap.de\/?page_id=2975"},"modified":"2021-06-25T12:48:23","modified_gmt":"2021-06-25T10:48:23","slug":"change-of-control","status":"publish","type":"page","link":"https:\/\/prudentwater.com\/en\/change-of-control\/","title":{"rendered":"Change-of-Control"},"content":{"rendered":"<p>Auch <strong>Poison Put<\/strong><\/p>\n<p>Change-of-Control ist eine von mehreren m\u00f6glichen Covenants in Anleihenbedienungen. Die Klausel besagt, dass der Gl\u00e4ubiger seine Anleihenst\u00fccke dann zur\u00fcckgeben kann, falls es zu einem Wechsel des Mehrheitsgesellschafter kommt. In diesem Fall besitzt der Gl\u00e4ubiger ein K\u00fcndigungsrecht und kann anschlie\u00dfend die Anleihe zum Nominalwert (100 %) oder zu einem in den Anleihenbedienungen vereinbarten Kurs zur\u00fcckgeben. Die Change-of-Control-Klausel macht f\u00fcr den K\u00e4ufer der jeweiligen Anleihe vor allem dann Sinn, wenn der Emittent der Anleihe von einem weiteren Unternehmen fremdfinanziert \u00fcbernommen wird. Der Akquisiteur ist anschlie\u00dfend oftmals deutlich h\u00f6her verschuldet, was die Qualit\u00e4t der ausstehenden Anleihen des Emittenten verschlechtern kann.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Auch Poison Put Change-of-Control ist eine von mehreren m\u00f6glichen Covenants in Anleihenbedienungen. Die Klausel besagt, dass der Gl\u00e4ubiger seine Anleihenst\u00fccke dann zur\u00fcckgeben kann, falls es zu einem Wechsel des Mehrheitsgesellschafter kommt. In diesem Fall besitzt der Gl\u00e4ubiger ein K\u00fcndigungsrecht und kann anschlie\u00dfend die Anleihe zum Nominalwert (100 %) oder zu einem in den Anleihenbedienungen vereinbarten [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-2975","page","type-page","status-publish","hentry"],"translation":{"provider":"WPGlobus","version":"3.0.2","language":"en","enabled_languages":["de","en"],"languages":{"de":{"title":true,"content":true,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false}}},"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"post_excerpt_stackable_v2":"<p>Auch Poison Put Change-of-Control ist eine von mehreren m\u00f6glichen Covenants in Anleihenbedienungen. Die Klausel besagt, dass der Gl\u00e4ubiger seine Anleihenst\u00fccke dann zur\u00fcckgeben kann, falls es zu einem Wechsel des Mehrheitsgesellschafter kommt. In diesem Fall besitzt der Gl\u00e4ubiger ein K\u00fcndigungsrecht und kann anschlie\u00dfend die Anleihe zum Nominalwert (100 %) oder zu einem in den Anleihenbedienungen vereinbarten Kurs zur\u00fcckgeben. Die Change-of-Control-Klausel macht f\u00fcr den K\u00e4ufer der jeweiligen Anleihe vor allem dann Sinn, wenn der Emittent der Anleihe von einem weiteren Unternehmen fremdfinanziert \u00fcbernommen wird. Der Akquisiteur ist anschlie\u00dfend oftmals deutlich h\u00f6her verschuldet, was die Qualit\u00e4t der ausstehenden Anleihen des Emittenten verschlechtern kann.<\/p>\n","category_list_v2":"","author_info_v2":{"name":"PrudentWater","url":"https:\/\/prudentwater.com\/en\/author\/niklas33\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/pages\/2975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/comments?post=2975"}],"version-history":[{"count":0,"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/pages\/2975\/revisions"}],"wp:attachment":[{"href":"https:\/\/prudentwater.com\/en\/wp-json\/wp\/v2\/media?parent=2975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}