The inclusion of the performance sensitive debt in an emerging Economy – COLOMBIA
Durán Martínez, Juan Martín
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The performance sensitive debt is an exotic kind of debt, in which the interest rate is going to be fluctuating based on the financial ratios of the borrowers. The objective of the paper is to analyze an emerging market, as Colombia and the performance sensitive debt, remarking their virtues and disadvantages, to have in a conclusion how viable is in the short, medium and long term the inclusion of the performance sensitive debt.