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Guide to Private Equity Transactions in Jersey – CISX Listing of PIK Notes
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Corporate and Commercial |
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| Published: |
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May 2010 |
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| Synopsis: |
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Following the introduction of the Finance (No.2) Act 2005 the opportunities for UK portfolio companies of leveraged buyout and private equity funds to generate tax deductions for interest on the financial instruments frequently used in leveraged buyout transactions have been significantly restricted. Typically in these transactions interest on loans to the portfolio company by the private equity fund will accrue on a regular basis but will not be payable until the private equity fund achieves its exit. This Guide describes one of the few remaining alternatives, the issue of Payment-in-Kind notes on the Channel Islands Stock Exchange. |
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| Practice Area: | | Corporate & Commercial, Listing Services |
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| Jurisdiction: | | Jersey |
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| Download: |
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File size: 368 KB - Number of pages: 10 |
For more information download: Private Equity Transaction in Jersey.
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