aviso de amortizacion ordinaria

English translation: notice of [ordinary] redemption

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:aviso de amortizacion ordinaria
English translation:notice of [ordinary] redemption
Entered by: Robert Carter

20:56 Nov 8, 2018
Spanish to English translations [PRO]
Bus/Financial - Investment / Securities / equity markets
Spanish term or phrase: aviso de amortizacion ordinaria
Aviso de amortización ordinaria de la emisión UFINCB 15 para el próximo 12 de noviembre. Banco Invex (Fiduciario) informó que el monto de recursos disponibles para el pago de la amortización ordinaria el próximo 12 de noviembre de 2018 es de $156.99mdp
lopatita
notice of [ordinary] redemption
Explanation:
You probably don't need the "ordinary" qualifier here, but I'd leave it in in any case.

DEFINITION of 'Extraordinary Redemption'
An extraordinary redemption is a provision that gives a bond issuer the right to call its bonds due to an unusual one-time occurrence, as specified in the offering statement. Extraordinary redemptions, also called extraordinary calls, occur when bond proceeds are not spent according to schedule; when bond proceeds are used in a way that makes nontaxable bond interest taxable; or when a catastrophe destroys the project being financed, among other reasons.

https://www.investopedia.com/terms/e/extraordinaryredemption...

Notice of redemption of shares
by Practical Law Corporate
A form of notice to be sent by a company to its shareholders in connection with the redemption of shares.

https://uk.practicallaw.thomsonreuters.com/w-012-4045?transi...
Selected response from:

Robert Carter
Mexico
Local time: 15:43
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3notice of [ordinary] redemption
Robert Carter
3notice of ordinary shares redemption
Judith Armele


  

Answers


33 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
notice of [ordinary] redemption


Explanation:
You probably don't need the "ordinary" qualifier here, but I'd leave it in in any case.

DEFINITION of 'Extraordinary Redemption'
An extraordinary redemption is a provision that gives a bond issuer the right to call its bonds due to an unusual one-time occurrence, as specified in the offering statement. Extraordinary redemptions, also called extraordinary calls, occur when bond proceeds are not spent according to schedule; when bond proceeds are used in a way that makes nontaxable bond interest taxable; or when a catastrophe destroys the project being financed, among other reasons.

https://www.investopedia.com/terms/e/extraordinaryredemption...

Notice of redemption of shares
by Practical Law Corporate
A form of notice to be sent by a company to its shareholders in connection with the redemption of shares.

https://uk.practicallaw.thomsonreuters.com/w-012-4045?transi...

Robert Carter
Mexico
Local time: 15:43
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Luis M. Sosa: I agree. It looks like the term refers to bonds; the code 'UFINCB 15' may refer to a bond issue. I do not think shares are involved here. 'Amortización' refers to bonds
1 hr
  -> Thanks, Luis. Yes, "ordinary shares" is a mistranslation IMO. It's the redemption that's "ordinary", not the bonds (or shares, were that the case). BTW, "amortización" can refer to shares or bonds.

agree  Judith Armele: Yes, I would leave out ordinary because in English usually they are called regular call o redemption as opposed to Extraordinary Redemption but there is no need of specifying that it is the regular one. And yes, redemptions could be bonds, shares, funds.
3 hrs
  -> Thank you, Judith, very kind of you.

agree  patinba
14 hrs
  -> Thanks, Pat.
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39 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
notice of ordinary shares redemption


Explanation:
:)

Judith Armele
Mexico
Local time: 15:43
Specializes in field
Native speaker of: Native in SpanishSpanish

Peer comments on this answer (and responses from the answerer)
neutral  Robert Carter: No, there's no mention of "ordinary shares" here, Judith. In fact, on further investigation, UFINCB 15 refers to debt securities (bonds), not equities. Saludos!
2 hrs
  -> You are absolutely right! Yes, it is not a share it is a bond. Sorry, lopatita, for the mistake.
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