PIK provisions in loan agreements permit borrowers to capitalize (or add to the principal balance of their loans) all or a portion of their accrued interest, rather than making current cash ...

Carvana, the online used car merchant, recently reported a quarter of significant free cash flow after lengthy ... Increasingly, companies are turning to PIK debt to preserve cash.

plus money-saving tips with our free twice-daily newsletter Sign up In 2005, a £404m management buyout of the company was part-funded by £110m in PIK notes, at an annual interest rate of 17.2%.

Pretoria - Pik Botha, 72, long-time foreign minister in the apartheid government, is free of further cancer, preliminary tests have shown. Unitas Hospital spokesperson Karin Lindeque confirmed this on ...

The company, which was bought out by private equity for $17.6 billion in 2006, said in a U.S. Securities and Exchange Commission filing that it would use the PIK in lieu of making a cash interest ...

When I first learnt of Pik Botha's death on Friday ... What is sad is that the generation before mine gave them a free pass to spew nonsense, even inviting them to join the ANC under the auspices of ...

The International Monetary Fund is planning a deep dive on the growing prevalence of payment-in-kind debt that allows companies to defer interest payments, amid wider fears the tool could ...

Pik Botha (72), long-time minister of foreign affairs in the apartheid government, is free of further cancer, preliminary tests have shown. Unitas hospital spok Search ...