A reserve currency is a foreign currency held by central banks and other major financial institutions as a means to pay off international debt obligations. (businessinsider.com)
In this case the parties owned international debt recovery business which earned income from success fees (mandates) for debts collected. (tvedwards.com)
Philip is a senior partner in Allen & Overy's debt capital markets practice with over 20 year's experience advising both lead managers and issuers on international debt issues across a wide range of issuer types (bank, corporate, sovereign, utilities, transport) and regions. (nivaura.com)