An inter-creditor agreement (ICA) is a legal agreement between creditors of a borrower that outlines their respective rights and obligations with respect to their debt holdings. It helps in coordinating and cooperating among creditors to achieve a resolution plan that is in the best interest of all parties involved, especially in the context of debt restructuring or insolvency resolution processes.
What is Inter Creditor Agreement (ICA)? Print
Did you find it helpful?Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.