Zero Coupon Syndicates and the Timing of Cash Distributions to Partnership Investors
Article publication date: 1 September 1990
Examines the practise of using zero coupon first mortgage notes to raise more capital than is needed to fund a particular real estate limited partnership. Explains the mechanism, with advantages and drawbacks. Provides a worked example.
Archer, W.R., Sa‐Aadu, J. and Shilling, J.D. (1990), "Zero Coupon Syndicates and the Timing of Cash Distributions to Partnership Investors", Journal of Property Finance, Vol. 1 No. 3. https://doi.org/10.1108/09588689010032399
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