Create Cash Tender Corporate Action Announcements

In the Create Cash Tender panel, you can add a mandatory or voluntary corporate action announcement for a cash tender that applies to fixed income securities.

To create a Cash Tender corporate action announcement manually:

1. In Reference Data Center, in the left navigation pane, click Reference Desk > Corporate Actions > Announcements > Create Cash Tender.
   You see the Create Cash Tender panel.

2. Complete the options on the Create Cash Tender panel.

3. Click Submit.
   The system adds the corporate action to the Corporate Action table. It has a transaction type of CA_CASH_CLOSE and a Corporate Action Type of CASH TENDER. You can change a corporate action announcement if it does not have a Released status.

4. If you added a voluntary corporate action announcement, you can identify entities that elected to participate in the corporate action. 

5. If you added a mandatory corporate action announcement, you can set up a mandatory corporate action exclusion to prevent the system from processing a mandatory corporate action for a certain entity.