10 ENGLISH BOOKS RELATING TO «PARI PASSU»
Discover the use of
pari passu in the following bibliographical selection. Books relating to
pari passu and brief extracts from same to provide context of its use in English literature.
1
International Loans, Bonds, Guarantees, Legal Opinions
Pari passu clause 12–010 This usually states: ``The bonds are unsecured
obligations of the issuer and rank at least pari passu, without any preference
amongst themselves, with all other outstanding, unsecured and unsubordinated ...
2
Legal Opinions in International Transactions: Report of the ...
E. Pari passu opinion Where the opinion relates to debt securities issued by or
deposits taken by the Branch, a pari passu opinion may be requested. The
opinion might read as follows: The obligations of the Branch under the
Agreement rank ...
Michael Gruson, Stephan Hutter, Michael Kutschera, 2003
3
The EC State Aid Regime: Distortive Effects of State Aid on ...
A strictu sensu application of the MEIP is the pari passu concept foreseen in the
Risk Capital Communication. Where State resources are made available on the
same terms as those applying to private investors (pari passu), the measure does
...
Michael Sánchez Rydelski, 2006
4
The Law of Corporate Finance: General Principles and EU Law: ...
The main rule is that the validity of a competing security interest does not depend
on the existence of the negative pledge clause.167 Pari passu. Pari passu
clauses are very usual in bank lending. A pari passu clause deals with the
ranking of ...
5
Invalidation of Securities Upon Insolvency
That principle is known popularly as the pari passu rule. The pari passu rule is
designed to avoid what has been described in the following terms: "an anxious
scramble by creditors fearing the imminent bankruptcy or liquidation of their
debtor ...
Garry John Hamilton, 2000
6
Sovereign Debt: From Safety to Default
c24 JWBT431-Kolb December 28, 2010 6:30 Printer Name: Yet to Come 228
Legal and Contractual Dimensions of Restructurings and Defaults judgments in
an effective manner.3 The pari passu clause redeemed Elliott from this weak ...
7
A Dictionary of Modern Legal Usage
parol-evidence rule 639 None of these parenthetical interpolations is
syntactically or stylistically justified. C. With Appositivcs. See aPPOSITIVES (B).
pari delicto. in. See in pari delicto. pari materia, in. See in pari materia. pari passu
( = with ...
8
External Debt Management: An Introduction
With loans to a sovereign state which are not subject to domestic bankruptcy laws
and whose assets cannot be liquidated by judicial proceedings, the pari passu
clause has a different function. It is generally believed that a pari passu covenant
...
Thomas Martin Klein, 1994
9
The Administration of Debt Relief by the International ...
Pari Passu Clause In contrast to the ICSID case between Guyana and the Big
Food Group, claims against HIPC countries under the US Foreign Sovereign
Immunities Act in US courts have contributed to a newly emerging interpretation
of the ...
10
Distressed Debt Analysis: Strategies for Speculative Investors
Arbitrage Between Pari Passu Securities Hedge Ratio Time Period 100% 0.5
Year Cash Reinvested or Borrowed 3% Beginning End Size Coupon Price Value
Price Value % Price Carry Change Refinance Scenario Long (100.00) 9.50% ...
10 NEWS ITEMS WHICH INCLUDE THE TERM «PARI PASSU»
Find out what the national and international press are talking about and how the term
pari passu is used in the context of the following news items.
Excel Industries allots equity shares on preferential basis to Utkarsh …
The equity shares issued and allotted to Utkarsh Global Holdings, by conversion of warrants, shall rank pari passu in all respect with the ... «Business Standard, Jul 15»
Fitch Upgrades 2 Classes of BACM 2007-1; Affirms Super Senior …
The pari passu loan was modified in October 2013 with the $271.2 million pari passu portion split into a $140 million A-note and a $131.2 ... «Business Wire, Jul 15»
Fitch Rates Clearbridge MLP Closed-End Fund Pfd Shares 'AA …
The notes and credit facility are both secured and rank pari passu in the fund's capital structure. ASSET COVERAGE. The fund's pro forma ... «MarketWatch, Jul 15»
Excel - Outcome of Allotment Committee Meeting
The equity shares issued and allotted to Utkarsh Global Holdings Private Limited, by conversion of warrants, shall rank pari passu in all respect ... «Moneycontrol.com, Jul 15»
Heron Announces Equity Funding Package of up to $20M with …
The Placement shares will, from the date of issue, rank pari passu with all existing shares on issue. Following completion of the initial ... «MarketWatch, Jul 15»
Fitch Rates Banco Santander Chile's Upcoming FRN Totaling …
The notes will rank pari passu with all of BSC's existing and future senior unsecured debt. The final rating is contingent upon receipt of final ... «MarketWatch, Jul 15»
Fitch Assigns Final Ratings to ITR Concession Company LLC's …
... this provides significant comfort with ITRCC's future leverage profile due to the 40 year tenor of the private placement notes as all pari passu ... «Business Wire, Jul 15»
Dufry ups World Duty Free notes to $768m
The Notes will be pari passu with the existing revolving credit facility and term loans as well as the existing USD and EUR notes.” As per its last ... «TRBusiness, Jul 15»
News of Bharti $1bn loan lifts hopes for more from India telcos
... companies can tie in funds at cheap rates, use of proceeds notwithstanding, as long as the borrowing is senior debt and pari passu, he said. «GlobalCapital, Jul 15»
Moody's rates additional Tier 1 securities issued by 3 leading Nordic …
They rank junior to Tier 2 capital, pari passu with any other deeply subordinated debt securities, and senior to all classes of share capital and ... «Moodys.com, Jul 15»
