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Lenders
Lenders are concerned to receive payment of interest and ultimate re-payment of capital. They don't share in the upside of very successful organisational strategies as the shareholders do.
They are thus probable to be more risk averse than shareholders with an emphasis on financial objectives that promote liquidity and solvency with low risk (example security, interest cover, gearing, cash flow).
Deferred coupon bonds are generally issued at a discount price and are used for financing leveraged buyouts. The coupon payment on these types o
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PARTICIPANTS IN THE SECONDARY MARKET The players in the secondary capital market include: Individual Investors (Public). Companies. Mutual funds. Financial Insti
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