{"version":"1.0","type":"link","title":"Refunding - Newikis","description":"Refunding occurs when an entity that has issued callable bonds calls those debt securities from the debt holders with the express purpose of reissuing new debt at a lower coupon rate. In essence, the issue of new, lower-interest debt allows the company to prematurely refund the older,…","provider_name":"Newikis","provider_url":"https://newikis.com","cache_age":86400}