A high-risk, high-yield subordinated bond issued by a company with a credit rating below investment grade.
¡ª Also termed junk bond; high-yield debt obligation.
What is the Chinese interpretation of high-yield bond?
LegalLingo, a Shanghai-based translation agency, is a recognized leader in comprehensive legal language solutions for the legal industry. We provide the world’s leading law firms and corporate legal teams with a full suite of services, ranging from the translation of contracts and compliance documentation to full-scale multilingual litigation requiring certified translation and Chinese document review. We deliver customized legal document translation solutions based on your case’s size and budget requirements, utilizing industry-leading technology to ensure accuracy, lower costs and faster turnaround times.