×

Methods and apparatus for restructuring debt obligations

  • US 4,739,478 A
  • Filed: 09/26/1986
  • Issued: 04/19/1988
  • Est. Priority Date: 11/21/1984
  • Status: Expired due to Fees
First Claim
Patent Images

1. A system for implementing a debt-for-debt exchange comprising:

  • a memory for recallably storing information;

    means for entering and storing a quantity of financial information regarding an existing debt issue in said memory;

    means for entering input data representative of information regarding the debt-for-debt exchange to be implemented, including a settlement date on which said debt-for-debt exchange will take place and one of a current market price and a current market yield for said existing debt issue; and

    data processing means for receiving and storing said entered input data, said data processing means including means for using said stored financial information and said entered input data for computing face values for a serial issue of zero coupon bonds to replace the existing debt issue, for generating a report comparing said serial issue of zero coupon bonds to said existing debt issue, and for printing certificates evidencing said serial issue of zero coupon bonds.

View all claims
  • 0 Assignments
Timeline View
Assignment View
    ×
    ×