The Latham OID Threshold Calculator was designed to help investment banks seeking to add incremental debt determine the standard de minimis threshold with the same terms as an outstanding loan. The calculator helps clients make sure the loan is still considered tax fungible.
Banks often look to add additional debt to already existing loan facilities so they can layer in debt without having to refinance. But these still have to be tax fungible and meet thresholds set by the Internal Revenue Serv
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails