Valuation of Menu items in Debt Restructuring.

This paper outlines a procedure for calculating the cash value of 'menu items' in debt restructuring proposals, including par and non-par exchanges, with enhancements consisting of either interest or principal guarantees. It is argued that under certain plausible assumptions interest and p...

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Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1989.
Serier:IMF Working Papers; Working Paper ; No. 1989/069
Online adgang:Full text available on IMF