PelatihA collective action clause (CAC) in a bond lets a qualified majority of its holders change its payment terms for all holders, the minority included. A holdout creditor is one that does not accept a restructuring and keeps, or litigates on, its original claim.
Quantitative Finance · Glosarium
Apa itu Collective action clause, holdout creditor?
Dikenal juga sebagai: collective action clause · holdout creditor