Assertion: debt instrument | /r/HasProperty | issued in a debt-for-debt exchange
Facets:
Source sentences:
text: and clarifying that a debt instrument issued in a debt-for-debt exchange is not subject to the potentially abusive transaction rules in Sec.
text: The amount of money paid for the debt instrument; If the debt instrument is publicly traded and is not issued for money, the FMV of the debt instrument; If the debt instrument is not publicly traded and not issued for money but is issued for property that is publicly traded (including a debt-for-debt exchange where the old debt is publicly traded), then the issue price of the debt instrument is the FMV of the publicly traded property; or If none of the above, Sec. 1274 applies and the issue price will be the stated principal amount where there is adequate stated interest.