Edumarz

What is meant by ‘Issue of debentures for consideration other than cash?

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Kishore V, SME and ACW at Edumarz

Debentures are often issued for cash

However, debentures can also be granted for non-cash reasons. 

It is possible that a firm will buy another company or purchase assets from a vendor, and instead of paying cash, the corporation will settle the payment by issuing debentures to the vendors.
Debentures can be issued in three different ways: 

  • par, 
  • discount, or 
  • premium.

 

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