Home > Term: Debtor warrant
Debtor warrant
Written promise from a debtor to make periodic payments to a creditor (payments being contingent on the profits generated by the debtor's company) thus compensating the creditor for not enforcing his right to have a restructuring programme imposed on the debtor.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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- Harry8L
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(London, United Kingdom)