What form of funding below would not be classified as a debt obligation?
A) Senior, secured, short-term bank loan
B) Non-voting equity shares
C) Bonds with warrants
D) Private placement notes
test
What form of funding below would not be classified as a debt obligation?
A) Senior, secured, short-term bank loan
B) Non-voting equity shares
C) Bonds with warrants
D) Private placement notes
The answer is B) Non-voting equity shares.