Glossary entry (derived from question below)
English term or phrase:
upstream guarantee
Spanish translation:
garantía subsidiaria
Added to glossary by
Myriam Garcia Bernabe
Jul 22, 2008 17:59
16 yrs ago
9 viewers *
English term
United Kingdom
Spanish Interpreter, Translator & Tutor
Native in: Spanish (Variant: Standard-Spain)
Works in: English to Spanish
upstream guarantee
English to Spanish
Law/Patents
Finance (general)
deed of guarantee
NO CROSS-GUARANTEE OR UPSTREAM GUARANTEE FROM SUBSIDIARIES
Sin garantía recíproca o ? de las filiales
Sin garantía recíproca o ? de las filiales
Proposed translations
+7
17 mins
María del Mar Cota
Native in Spanish
Experienced translator
Native in: Spanish 
Works in: English to Spanish, German to Spanish, Galician to Spanish
Related KudoZ points
:
8
Selected
garantía subsidiaria
A contingent liability on a subsidiary's financial statements in which the subsidiary guarantees its parent company's debt. Upstream guarantees are performed to get better financing terms for the parent or to initiate financing.
An upstream guarantee is often performed in a leveraged buyout situation in which the parent company takes on a substantial level of debt to acquire another firm. Without an upstream guarantee, the offer may not even be able to take place, as there may not be enough collateral on the parent company's balance sheet.
An upstream guarantee is often performed in a leveraged buyout situation in which the parent company takes on a substantial level of debt to acquire another firm. Without an upstream guarantee, the offer may not even be able to take place, as there may not be enough collateral on the parent company's balance sheet.
4 KudoZ points awarded for this answer.
22 mins
Diana Arancibia
Native in Spanish
Works in field
professional translation and proofreadin
Native in: Spanish
Works in: English to Spanish, Spanish to English
Related KudoZ points
:
22
garantía de la compañía madre/padre
He leído que se trata de una garantía proporcionada por la compañía madre/padre a sus filiales. También se llama "garantía ascendente". Suerte.
Peer comment(s):
| neutral |
Nelida Kreer
: Diana, estoy de acuerdo con "ascendente", pero tu traducción y explicación es precisamente al revés, de lo contrario no sería ascendente.
11 hrs
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12 hrs
Nelida Kreer
Native in Spanish
Specializes in field
English/Spanish/Eng Certified Translator
Native in: Spanish (Variants: Argentine, Latin American, Uruguayan)
Works in: English to Spanish, Spanish to English, Spanish, and 1 more.
Related KudoZ points
:
39
garantías upstream/ascendentes (ítulos de deuda de compañías matrices colateralizadas por
filiales del mismo grupo)
Yo dejaría "garantías upstream" o cuando más "ascendentes", y entre paréntesis la explicación que sugiero.
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Note added at 12 hrs (2008-07-23 06:05:24 GMT)
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typo. "títulos..."
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Note added at 12 hrs (2008-07-23 06:06:57 GMT)
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ambién el valor razonable de garantías en títulos de deuda emitidos por el ... sociedades matrices, filiales o empresas pertenecientes al mismo grupo, ...
www.sbif.cl/sbifweb/internet/archivos/publicacion_5625.pdf
Mar 10, 2008 ... AMSTERDAM (Reuters) - Carlyle Capital Corp, una filial del grupo privado ... liquidado títulos de deuda colateralizada por aproximadamente ...
lta.reuters.com/article/businessNews/idLTAN1043017020080310
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