Exchange creditors: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Mend link.) |
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''Restructuring and insolvency''. | |||
In a financial restructuring, exchange creditors are the creditors who agree to the restructuring. | In a financial restructuring, exchange creditors are the creditors who agree to the restructuring. | ||
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== See also == | == See also == | ||
* [[Haircut]] | |||
* [[Holdout creditors]] | |||
* [[Insolvency]] | |||
* [[Restructuring]] | * [[Restructuring]] | ||
* [[ | * [[Rights upon future offers]] | ||
[[Category:Corporate_finance]] | [[Category:Corporate_finance]] | ||
Latest revision as of 19:56, 7 October 2018
Restructuring and insolvency.
In a financial restructuring, exchange creditors are the creditors who agree to the restructuring.
They usually suffer a loss on the exchange of their original debt investments for other less valuable debt.
This loss is sometimes known as a 'haircut'.
