ibrahim-1987
Active Member
Hi david,
On page 46, 4th paragraph, " ..... They had the right to extend the maturity of the ASSET by 1-2 years"
I think it is liability instead of asset, Because if siv is not able to rollover its debt, it will be In trouble, and by extending LIABILITY it will reduce the pressure on FI, but if it extend it's asset maturity, the pressure will exacerbate! Since it can't rollover it's debt, so I think it is liability " existing liability " is more precise.
Correct me if I'm wrong.
Thank y.
On page 46, 4th paragraph, " ..... They had the right to extend the maturity of the ASSET by 1-2 years"
I think it is liability instead of asset, Because if siv is not able to rollover its debt, it will be In trouble, and by extending LIABILITY it will reduce the pressure on FI, but if it extend it's asset maturity, the pressure will exacerbate! Since it can't rollover it's debt, so I think it is liability " existing liability " is more precise.
Correct me if I'm wrong.
Thank y.
