Distressed Debt and the US Original Issue Discount Rules: An Intricate Web for the International Investor

Journal
United States
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2013 (Volume 15), No. 4
In light of recent changes to the US Regulations concerning what it means for property to be “publicly traded” for purposes of determining the original issue discount of a debt instrument, the authors provide a review of the current rules governing original issue discount.