Library / Corporate Finance Principles Framework
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Source changed 2026-10-03 05:16:27 UTC · snapshot created 2026-10-03 05:17:06 UTC · last check 2026-10-03 05:16:56 UTC

FIN.22:0 - Use this when

Ordinary financing or repayment is no longer adequate, and the corporation must compare an extension, amended claims, new funding, asset sale, broader restructuring or exit. Compare viable routes and the actual recoveries of affected claimants. A narrow covenant remedy that already suffices remains in FIN.12.