Suggestions(1)
Exact(2)
But if every creditor holds out for a better deal, insolvent governments will be unable to reach an agreement with them, and restructurings will fail.
To the extent that a secured creditor holds a claim that exceeds the value of the collateral a so-called undersecured creditor the creditor must comply with the rules governing unsecured debts.
Similar(53)
Germany is Russia's biggest creditor, holding about $20 billion of the $48 billion Soviet-era debt to the so-called Paris Club of creditor nations.
Today, the Third Avenue Value fund is USG's largest creditor, holding $158.1 million of its debt, more than half of the outstanding public debt.
Japan was the world's largest creditor, holding thirty per cent of U.S. debt, and was home to the world's ten largest banks, with a stock exchange bigger than Wall Street.
When that failed, Huff, who as the largest creditor held over 10% of the $1.3 billion in debt, filed an involuntary bankruptcy case in federal court in New York.
China is the largest foreign U.S. government creditor, holding about $1.28 trillion in Treasury bonds.
Those creditors hold 70% of the agency's $9bn debt.
CajaSur is one of its largest creditors, holding 18.8 million euros of its outstanding loans.
The central bank would have the same status as private creditors holding bonds in a country.
Private creditors hold around €210bn (£185bn) of a Greek debt that totals €360bn.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com