| Redeemable through the issuance of: | Soft put | Hard put |
| Cash | OK | OK |
| The company's subordinated notes | OK | - |
| The company's common stock | OK | - |
| Treasury notes | - | - |
- Soft put
- A bond with an embedded soft put is redeemable through the issuance of cash, subordinated notes, common stock, or any combination of these three securities.
- Hard put
- A bond with a hard put is only redeemable using cash.
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