Finance vehicle

From ACT Wiki
Revision as of 14:21, 27 August 2013 by imported>Doug Williamson (Spacing 27/8/13)
Jump to navigationJump to search

An operation involving the setting up of an offshore subsidiary for the purpose of issuing debt and lending the borrowings on to the parent or another subsidiary.

The parent normally guarantees the debt issues.


See also

Retrieved from ‘https://wiki-dev.treasurers.org/w/index.php?title=Finance_vehicle&oldid=20596’