Redeeming 4 percent Preferred Securities with proceeds of non-subsidized Debentures.

CFR · 2024-01-01 · US · Title 13

If SBA approves, a Section 301(d) Licensee may use the proceeds of a Debenture to redeem Preferred Securities at their mandatory redemption date, including any accrued unpaid dividends or partnership distributions.

official document · source cfr-2024 · id 13:§ 107.1430