An unsecured loan certificate funded and distributed by a public company. Public income notes are bought and sold on the stock exchange but are also subject to assessed interest. Notably, they are unsubordinated, thereby bearing considerably less risk to the issuing company as unsubordinated debt is paid off before subordinated debt in cases of default.
Related information about public income notes (PINES):
- Public Income Notes (PINES) Definition | Investopedia
 An unsecured, unsubordinated debenture issued by a public company. PINES   are a type of exchange traded note that trade on a stock exchange but also bear ...
 
- What is public income notes (PINES)? definition and meaning
 Definition of public income notes (PINES): An unsecured loan certificate funded   and distributed by a public company. Public income notes are bought and sold ...
 
- Public Income Notes - PINES: Definition from Answers.com
 Public Income Notes - PINES An unsecured, unsubordinated debenture issued   by a public company. PINES trade on a stock exchange but also bear interest.
 
- GEC - BioSpace
 Oct 15, 2012 ... General Electric Capital Corporation 6.10% Public Income Notes "PINES", (SEA:   GEC). 17.34 EUR UNCHANGED. Last Price / Updated: 11:36 ...
 
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 Get detailed financial information on General Electric Capital Corporation Public   Income Notes PINES 6.625% 6/28/2032 (NYSE:GEA) including real-time stock ...
 
- GMAC LLC 7.30% Public Income Notes (PINES) due 3/9/2031 ...
 Get detailed financial information on GMAC LLC 7.30% Public Income Notes (  PINES) due 3/9/2031 (NYSE:GMA) including real-time stock quotes, historical ...
 
- AMR Corporation - 7.875% Public Income Notes (PINES) (AAR ...
 Company Name: AMR Corporation - 7.875% Public Income Notes (PINES), Stock   Symbol: AAR, Last Post Date: 4/9/2012 2:51:39 PM, Total Posts: 46, Industry ...
 
- Stock Quotes | AAR - AMR Corp., 7.875% Public Income NotES ...
 AMR Corp., 7.875% Public Income NotES PINES due 7/13/2039 (AAR). @ Jan-  04. Click the portfolio to add AAR: Close [X]. + Add AAR to Portfolio. Last Trade ...