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Glossary Term: REMARKETING

Definition(s) for REMARKETING:


1. ) refers to a formal re-underwriting of a bond for which the form or structure is being changed. This is most commonly used in connection with changing variable rate to fixed-rate financings , usually because the 'construction phase is over'. It could also be because rates are at a level the issuer feels comfortable with for the long term; or because of indenture requirements (probably relating to arbitrage).



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