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米其林 · 2022年04月01日

不太理解A选项

NO.PZ2018062004000199

问题如下:

Which of the following covenants is affirmative covenant for issuers:

选项:

A.

Issuing more debt.

B.

Engaging in mergers and acquisitions.

C.

Make timely payments of principal and interest.

解释:

Answer is C, debt covenants are restrictions imposed by the lender on the borrower to protect the lender’s position, with affirmative covenants, the borrower promises to do certain things, such as make timely payments of principal and interest. A and B are negative covenants.

A为什么也是negative covenant?多发债不好吗?谢谢老师

1 个答案
已采纳答案

Kiko_品职助教 · 2022年04月02日

嗨,努力学习的PZer你好:


发更多的债会导致公司债务加重,对现有债权人来说风险增加。所以说是negative covenant

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