Or this,
"In the banking world, a standstill agreement between a lender and borrower halts the contractual repayment schedule for a distressed borrower and forces certain actions that the borrower must undertake. A new deal is negotiated during the standstill period that usually alters the loan's original repayment schedule. This is used as an alternative to bankruptcy or foreclosure when the borrower can't repay the loan. The standstill agreement allows the lender to salvage some value from the loan. In a foreclosure, the lender may receive nothing. By working with the borrower, the lender can improve its chances of getting repaid a portion of the outstanding debt."
https://www.investopedia.com/terms/s/standstill_agreement.asp
- Forums
- ASX - By Stock
- PNC
- Ann: Pioneer enters Standstill Agreement with Senior Financiers
Ann: Pioneer enters Standstill Agreement with Senior Financiers, page-14
-
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNC (ASX) to my watchlist
|
|||||
Last
49.5¢ |
Change
0.035(7.61%) |
Mkt cap ! $69.48M |
Open | High | Low | Value | Volume |
49.0¢ | 49.5¢ | 49.0¢ | $1.272K | 2.589K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 570 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 50932 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 570 | 0.495 |
1 | 98370 | 0.490 |
1 | 129940 | 0.460 |
1 | 10000 | 0.440 |
2 | 15056 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 50932 | 2 |
0.520 | 2652 | 1 |
0.540 | 50000 | 1 |
0.550 | 73174 | 3 |
0.560 | 82094 | 4 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
PNC (ASX) Chart |