Keepwell agreement

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A keepwell agreement is a contract that a parent company will keep a subsidiary solvent.^[1]^[2]^[3]

References

↑ Watts, William (20 September 2021). "Evergrande fears send stock market tumbling: Here's what investors need to know about the China property giant". MarketWatch.
↑ "The Truth About Keepwell Agreements". Investopedia.
↑ "Keepwell Agreement". Corporate Finance Institute.