In this article, we look at how to change the kind of class from par to non-par, or vice versa, in Unity® Entity Management.
To do this, follow the steps below:
- Navigate to the profile of the entity whose class you wish to alter
- Navigate to the Securities > Classes section down the lefthand side of the screen
- Select the Class you wish to alter and a pop up will appear (Note: no changes can be made at this point)
- At the bottom right-hand side of the pop up, select Alter Class
- Select Change of Kind
- Fill in the Transaction Date
- Fill in the Par Value
- Fill in the Currency if applicable
- Click Save