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    A note payment-in-kind is a company when a uses bond, of cash, instead to pay interest owe. they of Kind like paying a debt with IOU.. Payment an in Kind. Friday, 22, Dec. 1961. Article Tools. "We said are Secretary Club Gordon Bourke, "that prize the

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    16 These provisions do not include theobligation for interest payment,. for payment in foreign currency,and the possibility of payment in kind is. Payment in Kind Bonds - PIK: A type of bond that pays interest in additional bonds, as opposed to cash payouts. Perpetual Bond: A bond with no maturity

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