How the firm''s existing debt holders can benefit from this

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With debtor in possession (DIP) financing, bankrupt firms are able to obtain additional amounts of debt that is senior to the firm's existing debt. Explain how the firm's existing debt holders can benefit from this.

Reference no: EM131426879

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How the firm''s existing debt holders can benefit from this : With debtor in possession (DIP) financing, bankrupt firms are able to obtain additional amounts of debt that is senior to the firm's existing debt. Explain how the firm's existing debt holders can benefit from this.
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