cramdowns
noun as in strong fondness
Word Combinations
Example:The bankruptcy court approved the cramdown provisions proposed by the creditors, which included reducing the principal on existing debt.
Definition:Specific terms or conditions that are imposed by creditors on a company during bankruptcy reorganization without the consent of other stakeholders.
From cramdown provisions
Example:The parties in bankruptcy proceedings entered into intense cramdown negotiations to agree on the terms of the new debt structure.
Definition:The process of negotiating the terms of a cramdown, which may include changes to the terms of existing debt.
From cramdown negotiation
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