equity cure

12:13 Aug 8, 2018
English to Croatian translations [PRO]
Bus/Financial - Other
English term or phrase: equity cure
Nažalost nemam konteksta jer trebam prevesti Equity Cure Shares pri čemu ne pojašnjava točno što je equity cure, ali ima dosta definicija na netu, npr.:

The equity cure
is a provision in loan documents which permits the borrower to
receive into the company, equity capital in most cases, or
subordinated intercompany debt in other instances and to
apply the proceeds in such a way as to bolster certain financial
metrics, with the result that the borrower is able to stave off a
loan default. The provision gives the borrower one more
alternative where it would otherwise have been forced to seek
a loan modification, waiver, forbearance, or worse,
acceleration of the debt.

Hvala,
Laura
Laura1
Local time: 06:28



  

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