Créances New Money

English translation: New money claims

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:Créances New Money
English translation:New money claims
Entered by: rombas (X)

10:10 Mar 22, 2009
French to English translations [PRO]
Bus/Financial - Finance (general) / conciliation agreement term agreement
French term or phrase: Créances New Money
"Défaut croisé sur toutes les créances des créanciers parties à cet accord.
Attribution notionnelle à chaque actif (en distinguant murs et fonds de commerce) d’un montant de dette allouée (le "MDA"), représentant une fraction de la dette totale (Créances New Money et Créances Existantes, hors COFITEM) des pôles financés par les banques parties à l’accord de conciliation et dans lesquels est situé cet actif et reflétant la part de cet actif dans la valeur totale actuelle de tous les actifs de ces pôles.
Seront exclus du champ d’application des règles d’affectation des flux certains actifs destinés à être refinancés par des tiers ou par voie de sale and leaseback (les "Actifs Exclus")."

thank you
rombas (X)
North Korea
Local time: 16:54
New money claims
Explanation:
I think the term is the same

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Note added at 29 mins (2009-03-22 10:40:18 GMT)
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Im not hugely familiar with economics, but is i think it is something to do with Past Due Interest Bonds and claims on existing resources...I have seen 'new money claims' (and 'new-money claims') used in a development context.
See for example in Brady Plan, under types of bonds.
http://en.wikipedia.org/wiki/Brady_Plan
Selected response from:

K. Ganly (X)
United Kingdom
Local time: 08:54
Grading comment
thank you, Katharine
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2New money claims
K. Ganly (X)


  

Answers


8 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
New money claims


Explanation:
I think the term is the same

--------------------------------------------------
Note added at 29 mins (2009-03-22 10:40:18 GMT)
--------------------------------------------------

Im not hugely familiar with economics, but is i think it is something to do with Past Due Interest Bonds and claims on existing resources...I have seen 'new money claims' (and 'new-money claims') used in a development context.
See for example in Brady Plan, under types of bonds.
http://en.wikipedia.org/wiki/Brady_Plan

K. Ganly (X)
United Kingdom
Local time: 08:54
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
thank you, Katharine

Peer comments on this answer (and responses from the answerer)
agree  cjohnstone
19 mins
  -> thanks

agree  rkillings
8 hrs
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