Pari Passu
Definition:
Latin, meaning “without partiality” or “of equal step.” In both equity and debt security documents, this term refers to either securities or obligations that have equal rights to payment if a Bankruptcy were to occur.
You may also like:
-
Expert Spotlight: Resilience amidst uncertainty for Irish M&A in 2025
April 14, 2025 | Blog
-
Market Spotlight: EMEA 2024 Due Diligence Benchmarks
April 14, 2025 | Blog
-
Expert Spotlight: German M&A activity picks up again
April 14, 2025 | Blog
Your complete M&A platform
Datasite provides you one end-to-end platform that supports you across all stages of the deal.
Datasite Intelligence
Find more buyers faster
Datasite Pipeline
Capture opportunities in one place
Datasite Outreach
Optimize your deal marketing
Datasite Prepare
Be ready for any transaction
Datasite Diligence
Trust the premier data room
Datasite Acquire
Trust the premier buy-side data room
Datasite Archive
Preserve and protect your project data