During this period, the bond increases in value and becomes worth at least its face amount.

In all, the face amount of these issues is estimated at about $900 million.

This time he is offering for each share $20 in cash and $29 face amount of notes.

Prices of many junk bonds were down at least a point, or $10 for every $1,000 face amount.

Either way, the usual procedure is to pay the full face amount.

The rise was equivalent to about $2.50 for $1,000 of face amount.

The company is in default on $572 million face amount of its debt.

It does not agree to pay the face amount of the policy plus the investment value.

Prices were up on average three-quarters of one point, or $7.50 for every $1,000 face amount.

The offer is worth about 62 cents on the dollar, or $620 for every $1,000 face amount.