Which of the Following Statements Is FALSE

Multiple Choice

Which of the following statements is FALSE?

A) Eurobonds are international bonds that are denominated in the local European currency of the country in which they are issued.
B) A term loan is a bank loan that lasts for a specific term.
C) Global bonds combine the features of domestic, foreign, and Eurobonds, and are offered for sale in several different markets simultaneously.
D) In a leveraged buyout (LBO) , a group of private investors purchases all the equity of a public corporation.