This excerpt taken from the PBR 20-F filed Jun 30, 2005.
PIFCo issued each series of Senior Notes pursuant to an indenture between PIFCo, as the issuer, and The Bank of New York, as trustee. The terms of the indentures require PIFCo and its subsidiaries, among other things, to:
In addition, the terms of the indenture restrict PIFCos ability and the ability of its subsidiaries, among other things, to:
These covenants are subject to a number of terms, conditions and further qualifications.
The indenture also contains certain events of default, consisting of the following: