Succession Event
This Issue in United States
Succession Event
Concept of Succession Event in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): In credit derivative (i.e. an instrument that transfers risk from one party to the other) documentation, an event such as a merger or spinoff that leads to one entity succeeding to the debt obligations of another entity.
Resources
See Also
- Derivatives Contract
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