question archive I addressed that there is a secondary market to ease debt overhang, which is the mechanism called "debt-to-equity swap
I addressed that there is a secondary market to ease debt overhang, which is the mechanism called "debt-to-equity swap
Subject:EconomicsPrice: Bought3
I addressed that there is a secondary market to ease debt overhang, which is the mechanism called "debt-to-equity swap." It is a derivative instrument. Research the literature on what it is, how it worked in various Latin American countries (notably Mexico, Brazil, and Chile), then the debt-to-equity swap instrument was cancelled. Research the economic reasons for dismantling it. Did it work when the instrument was active? Did it fail due to market discrimination?
