Which is NOT a required detail for debt refunding disclosures?

In the context of debt refunding disclosures, the focus is primarily on specific details that provide transparency regarding the nature and impact of the debt being refunded. Key elements of disclosure include the status of the debt, such as in-substance and legally defeased debt outstanding, which helps stakeholders understand obligations that have been effectively settled or are in the process of being settled.

Details about the escrow arrangement are crucial as well, since such arrangements often play a vital role in the debt refunding process by ensuring that the funds are available to meet the debt obligations as they come due. Therefore, both in-substance and legally defeased debt along with the particulars of the escrow are essential components of the required disclosures.

Guaranteed payment arrangements, while potentially relevant in some contexts, do not fall under the mandatory disclosure requirements specifically tied to debt refunding. They do not provide direct insight into the status or handling of the refunded debt itself and are considered ancillary details rather than core elements necessary for comprehensive disclosure in this specific scenario. This distinction is fundamental in ensuring that stakeholders receive relevant and necessary information directly related to the refunding process.