Some specialized securities possess mandatory redemption features.

一些专业证券具有强制赎回的特征。

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Proceeds will be held in a restricted account, as terms include a mandatory redemption covenant tied to closing of the merger by Jan. 17, 2014.

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The offering includes a special mandatory-redemption provision for the three longer tranches at 101 if the deal does not close by June 5, though that deadline could be extended by three months, according to reports.

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