Extract to table

1273-1(d), if the OID on a debt instrument is less than the "de minimis amount," the OID is treated as zero and no holder is required to include such discount in income on a current basis under the OID provisions of Sections 1271 through 1275 of the Code

All three conditions must be satisfied for an obligation to be classified as an AHYDO

An obligation must satisfy all three conditions to be classified as an AHYDO, and the failure of any one condition is dispositive

50% per annum on the principal amount of the Notes; and • The maximum rate of additional interest shall not exceed 1