Archive for February 9th, 2011

Case study: Thin cap and stock borrowing

February 9, 2011  |  Thin Capitalisation  |  No Comments

A rainy night in Shinjuku, probably taken on the streets of Kabukicho, one of the liveliest districts in town.

The following article is a case study looking at the application of the Japanese thin capitalisation regulations to a stock borrowing transaction.

This article should be read in conjunction with the articles outlining Japanese thin capitalisation regulations which can be found here.

Terms in capitals are as defined in the thin capitalisation articles unless otherwise explained below.

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