Parallel loan

parallel loan - Related Articles
How Taxation Impacts on Liquidity Management
Best Practice ...

Parallel loan
A process whereby two companies in different countries borrow each other's currency for a
specific period of time, and repay the other's currency at an agreed maturity for the purpose of reducing
foreign exchange risk.

Parallel Loan - A loan arrangement in which a company borrows in its home currency and then trades this debt for the foreign currency debt of a foreign counterpart.

Parallel Loan
A type of foreign exchange loan agreement that was a precursor to currency swaps.

English: Parallel loan
Français: Prêt parallèle
Paridad cambiaria:
Tipo de cambio oficial de una moneda por otra. Por ejemplo, la paridad del dólar es el tipo de cambio de una moneda con respecto a los dólares.

parallel loan An arrangement in which two companies in different countries borrow each other's... parent company A firm that owns enough voting stock in another firm to control management and...

A parallel loan is an arrangement to borrow in the currency of one country with a promise to pay interest and principal at a later date.

An exchange of two debt obligations that have different payment streams. The transaction usually exchanges two parallel loans; one fixed the other floating.
Interim Dividend ...

Fixed income instruments denominated in the respective currencies of the countries where they are placed.
Parallel loan ...

An agreement defining each party's rights should one party default on its obligation. A setoff is common in parallel loan arrangements.
Rights offering ...

Rights of set-off
An agreement defining each party's rights should one party default on its obligation. A setoff is common in parallel loan arrangements.

A setoff is common in parallel loan arrangements. Rings Trading arenas located on the floor of an exchange in which traders execute orders. Sometimes called a pit. "Ring the cash register" Used in the context of general equities.

See also: Banks, Expense, Exchange risk, Foreign exchange risk, Syndication