# Payment-in-kind tranche and payment-in-kind tranche

- Canonical URL: https://www.gerhardmerk.de/payment-in-kind-tranche-and-payment-in-kind-tranche
- Post ID: 591355
- Modified: 2023-07-25T21:14:21+00:00
- Language: en

## Definition

The issuer of a bond has a choice (option) at maturity between repayment (redemption) in cash or in the form of another credit tranche or bond. - See pay-in-kind bond, payment-in-kind loan. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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