How Businesses Use Corporate Debt Restructuring for Liquidity
Debt RR
DECEMBER 13, 2019
Some level of distressed debt can be forgiven, although that’s far from the only option. Refinancing typically lowers monthly payments and interest rates in exchange for lengthening the timeframe of the loan. Some creditors will accept equity and/or other concessions in exchange for debt forgiveness. Secured Creditors.
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