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Self-Financed Buy-Backs and Asset Exchanges

Dooley, Michael P. - ;

Buy-backs of external debt that are financed by the debtor through asset sales generally result in unchanged or lower market prices for remaining debt. The contractual value of debt is reduced by some multiple of the market value of assets sold. The use of assets as collateral for new debt that is exchanged for old debt has effects equivalent to buy-backs financed by sales of the same assets.


Ketersediaan

Call NumberLocationAvailable
SP3504PSB lt.dasar - Pascasarjana1
PenerbitWashington, D.C.: International monetary fund 1988
EdisiVol. 35, No. 4, Dec., 1988
Subjeksales
Market prices
Buy-backs
Financed
Asset exchanges
ISBN/ISSN0020-8027
KlasifikasiNONE
Deskripsi Fisik9 p.
Info Detail SpesifikStaff Papers (International Monetary Fund)
Other Version/RelatedTidak tersedia versi lain
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  • Self-Financed Buy-Backs and Asset Exchanges

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