What is Pari Passu?

What is Pari Passu?

It is key that investors and lenders understand where they stand in the repayment queue should a company default. In this video Tim discusses the pari passu clause, a standard feature in debt agreements ensuring creditors are aware of when they will be repaid, in relation to other lenders.

Join now to watch

Our videos are only available to subscribers. Access this and 100s of other videos by signing up.

Related videos

What is a Bank?

What is a Bank?

Robert Ellison01:10:55