In short, this is a way for a lender to have some control (via ownership) over the company it has lent money to in the event of that company defaulting on its payments.
Bertrand Mariaux, avocat aux Barreaux de Luxembourg et de Paris
In short, this is a way for a lender to have some control (via ownership) over the company it has lent money to in the event of that company defaulting on its payments.
Bertrand Mariaux, avocat aux Barreaux de Luxembourg et de Paris
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