therealdealme@alien.topB to EntrepreneurEnglish · 10 months ago

Anyone familiar with what a ‘PRN’ is in the context of buying a business?

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Anyone familiar with what a ‘PRN’ is in the context of buying a business?

therealdealme@alien.topB to EntrepreneurEnglish · 10 months ago

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Heard it in passing and I’m gathering it may be connected to the moment when investors are asked to pony up the capital to complete the acquisition, but wanted to see if anyone was familiar

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