A bearer negotiable debt security with a maturity of more than one year issued in the international capital markets to Eurobond investors, either as a single issue or as a series of issues under a medium term note programme. MTNs are normally placed by arranger(s) on a best efforts basis rather than being subscribed and underwritten like a bond issue.
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A debt obligation that matures on a date more than nine months from the date of issue. The term can be as short as one year or as long as 50 years.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

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  • mtn. — mtn., mountain. * * * abbr. mountain …   Useful english dictionary

  • MTN 8 — infobox football tournament current = MTN 8 2008 founded = 1972 number of teams = 8 region = flagcountry|South Africa current champions = Kaizer Chiefs most successful club = Kaizer Chiefs (14 titles) motto = Wafa Wafa (do or die) website = [http …   Wikipedia

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  • MTN — • Mega Transport Network weltweites DPV Transportnetz der SITA ab 1990 ( > Lexikon der Text und Datenkommunikation ) • Minneapolis Telecommunications Network regionaler nonprofit Internet Provider …   Acronyms

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