Purchase Price Less Than Debt Oustanding
People quick question.....if the pruchase price is less than the value of debt outstanding i.e. PP = 1000, Total Net Debt = 1200, thus 200 mil (of hypothetical subordinated notes are underwater/no value) then what happens to that remaining 200 mil?
Is it just written off?
Do underwater lenders have the opportunity to rollvoer the debt?
Whats the deal?
Cheers.
Est ducimus modi maiores nam enim perspiciatis quia quos. Nam iure harum esse aut nostrum. Velit et vel cum.
Quia atque tempore est ipsa quidem. Voluptas quis dolore vel asperiores quo non voluptate ut. Et commodi aliquid reprehenderit sint ipsam rerum. Rerum omnis et nihil.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...