Private Bond Restructurings : Lessons for the Case of Sovereign Debtors /

This paper reviews recent experience with both sovereign and private bond restructurings. It also summarizes the literature on private bond restructurings and describes the 'typical' process for a voluntary exchange of new bonds for existing obligations. From this information some conclusi...

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Detalhes bibliográficos
Autor principal: Pinon-Farah, Marco
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1996.
coleção:IMF Working Papers; Working Paper ; No. 1996/011
Acesso em linha:Full text available on IMF