1. The company may acquire its own bonds only in the same circumstances in which it could acquire own shares, or for conversion or redemption.
1 - A sociedade só pode adquirir obrigações próprias nas mesmas circunstâncias em que poderia adquirir acções próprias ou para conversão ou amortização.
2. While the bonds belong to the issuing company, the rights attaching to them are suspended, but they may be converted or redeemed under the general rules.
2 - Enquanto as obrigações pertencerem à sociedade emitente são suspensos os respectivos direitos, mas podem elas ser convertidas ou amortizadas nos termo gerais.
The restriction of acquisitions to own-share circumstances or conversion or redemption, and the suspension of rights while the company holds the bonds, are retained.
We advise on Portuguese company law in English every day: formation, capital, members’ resolutions, managers’ liability and restructuring. A written answer and a fixed quote within one working day.
Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.