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. "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.

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