Here is the synopsis of our sample research paper on The Effect of Refunding or Reorganizing Existing Debt Obligations. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3 page paper looks at the impact that refunding or reorganizing existing debt will have in the case of local government. The paper is based on the case of the fictitious city of Oasis, but looks at the subject in a way that could be applied to any city or organization.
Page Count:
3 pages (~225 words per page)
File: TS14_TErefundreo.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
some evaluation of the impact OF the refunding or reorganization. The first option is that if making a refund. This is a choice that will facilitate the ability of the
government to add new debt to the existing debt portfolio. This would mean that the government could raise debt in order to make payments of both interest and principle of
the existing debt. If new debt can be gained at a better interest rate this would provide economic benefits, other potential benefits may be gained even if interest rates have
not fallen, such as changing the term of the debt which would also allow the local government of Oasis to revise their repayment schedule, which may help with short term
budget needs. However, there are also some potential problems with making a refund. While refunding in order to replace debt at a lower interest rate may have some economic advantages,
if other changes are made, such as term, there is a possibility that there will be a net increasing in the cost of the debt over the term of the
debt. There is also the potential to reorganize debt, there are several ways that this could take place, each has a range of implications. There will often be a shifting
of debt from one finance source to another, this may or may not involve a change of the original lender. For example, a debt could be moved from one supplier
of credit to another, for example, a bank loan could be taken out to repay bonds, or a debt can be simply replaced with another debt with another lender. There
are several reasons that this may occur, the benefit of more favorable terms, such as a lower interest rate, a different repayment schedule, a different term, or increased flexibility in
...