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Doubt.

This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.

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December 1, 2016 at 8:12 pm #352973
seista
Member
- Topics: 39
- Replies: 11
Parent holds $5m 8%loan note from subsidiary..
Does this mean subsidiary issued the loan note ?
December 2, 2016 at 8:43 am #353091
MikeLittle
Keymaster
- Topics: 27
- Replies: 23327
Yes – it means that the parent has lent $5m to the subsidiary and the subsidiary has acknowledged this by issuing a loan note to the parent
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