Bond Holder Quotes

“In the tumultuous landscape of corporate finance, where fortunes can rise and fall with the tides of the market, one principle remains steadfast: the supremacy of the bondholder.”
― Hendrith Vanlon Smith Jr., Bond ing: The Power of Investing in Bonds

“The legal underpinnings of the bondholder's supremacy are deeply rooted in contract law and bankruptcy statutes. When a company issues bonds, it enters into a binding contract with the bondholders, outlining the terms of the loan, including the interest rate, maturity date, and repayment schedule. This contract establishes a creditor-debtor relationship, granting bondholders a legal claim on the issuer's assets in case of default.”
― Hendrith Vanlon Smith Jr., Bond ing: The Power of Investing in Bonds