THE SMART TRICK OF PIK 2 THAT NO ONE IS DISCUSSING

The smart Trick of PIK 2 That No One is Discussing

This kind of blocker can even be limited to a subset of particular materials activities of default in more borrower-helpful specials. Turning off dividend payments although desire is being PIK’d is an extra thing to consider connected to risk profile, In the event the lenders’ return is being delayed, the shareholders shouldn't concurrently be

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