Recent Bonds Provide Increased Flexibility to Invest in Unrestricted Subsidiaries
In a new special report, Xtract Research highlights a couple of new takes on how to move assets to unrestricted subsidiaries without the use of any RP basket capacity. Q1 2021 hedge fund letters, conferences and more Flexibility to Invest in Unrestricted SubsidiariesKey points from the report include: Permitted Business Investments So Long as $1 Of Ratio Debt Can be Incurred: This is a variation seen in bonds of a few issuers in the oil and gas sector. Most bonds in this sector permit uncapped investments in “permitted business investments” which are typically investments made in the ordinary ...