Liability management and the credit crunch

Issuers can use liability management techniques to avoid breaching the terms on outstanding debt. Here is how.

The past couple of months has seen a tightening of credit globally, resulting in greater pressure on borrowers worldwide. At the same time stock markets in Asia and the rest of the world have been volatile.

So, what happens to companies with outstanding capital markets debt, or equity-linked capital markets debt, when a worsening economic environment puts pressure on their ability to adhere to the provisions of such borrowings

Liability Management

Liability management is the collective name for techniques companies...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: liability | management | credit | crunch

Print Edition

FinanceAsia Print Edition

EVENTS