Holders often work with whatever document they received at subscription, without distinguishing its nature. For assessing a claim it is essential to know which text is contractual and which is informational or promotional.
Terms and conditions
They set out the rights and obligations attached to the bond: maturity, coupon, security, amendment mechanics. Your claim is assessed against them.
They govern one specific issue, not the issuer's offering in general.
Prospectus or information document
It describes the issue and the issuer for prospective investors and is usually longer. Some offerings have no prospectus at all.
It provides important context but does not replace the terms and conditions.
Marketing material
Presentations, leaflets and websites are not binding documentation. A conflict between a presentation and the terms is a frequent source of disputes.
If you decided on the basis of a presentation, keep it — it is relevant context for a case review.
Practical advice
Sort your documents by their nature and, in any dispute, start from the terms and conditions and the contract.
Note any conflicts between documents; assessing them is a job for a lawyer.
Unsure which document is binding? Send us everything you have — sorting it out is part of the free check of whether your case can be assessed.
This text is general information for bondholders. It is not legal advice and not an investment recommendation. Capital Investing Ventures a.s. is not a law firm. Any individual assessment depends on the specific documentation and circumstances of the case.