You can use a cash tender corporate action for debt tender offers and cash mergers A debt tender offer occurs when a company retires all or some of its debt securities by making an offer to its debt holders to repurchase a predetermined number of bonds at a specified price and time period. A cash merger occurs when a company offers cash to shareholders of an acquisition target in exchange for their shares.
Eagle's accounting solution provides separate corporate action announcements for cash tenders associated with equities and fixed income. You can create corporate actions with a Cash Tender type for fixed income securities. You can create corporate actions with a type of Tender Offer or Xtender for use with equity securities.
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