What is PIK?
Can anyone explain PIK in simple terms? I've seen this in the interview guides for IB but am having trouble understanding it. Thank you in advance.
Trending Content - Investment Banking Forum
Career Resources
payment in kind! are u talking about a (PIK) bond? it is a type of bond that pays interest in additional bonds rather than in cash during the initial period.
Possimus illum quis et at. Sit id consequatur minus. Autem facilis nulla sequi veniam velit fugit. Cum culpa culpa optio aut quis quam in.
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...
A sint delectus nihil ab doloribus. Labore corrupti dolores quia maxime. Dolore dolorem ex voluptatem voluptates.