When a corporation sells a bond and agrees to pay, for example, a 6% interest rate, they are betting that they can invest that money in their operation in such a way as to grow profits by greater than 6%.
The current Newcastle assistant manager plans to sue the BBC for libel although the corporation insists comments made by Bond constitute an admission that he would take illegal payments from an agent.
When a corporation pays interest on a bond, it will typically send the aggregate amount that it owes on a whole issuance of bonds to Depository Trust Company (DTC), which will then divide the interest among bondholders according to how much they are owed individually.
Today, a corporation can borrow money on the U.S. bond markets and then, for example, use the proceeds to buy a factory in Canada, where corporate taxes are lower.