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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| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1989.
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| Serie: | IMF Working Papers; Working Paper ;
No. 1989/069 |
| Accesso online: | Full text available on IMF |