Noun
the value of a security that is set by the company issuing it; unrelated to market value
Source: WordNetAccording to Central Depository as of January 2013 par value of outstanding shares of Uzbek emitters exceeded 9 trillion. Source: Internet
RLJ has also indicated that they plan to redeem $475 million par value of Senior Notes which pay 6% interest and were acquired in the Felcor merger. Source: Internet
As a result of TCI's capital contribution, the Class A Common shares of TCI Pacific were converted into shares of cumulative redeemable exchangeable preferred stock (the "Preferred Stock") having an annual dividend of 5% of its $100 par value. Source: Internet
During the Great Depression, people who owed money to a bank whose deposits had been frozen would sometimes buy bank books (deposits of other people at the bank) at a discount and use them to pay off their debt at par value. Source: Internet
Current par value is shown pro forma as of and includes expected impacts from the SMP Holdings Term Loan Restructuring transaction, which was announced in and is expected to close in the fourth quarter of 2020. Source: Internet
Zambia’s Eurobonds have traded at around half their par value or below since March, indicating bondholders expect to take a hit on their investments. Source: Internet