What does PCG stand for?

Parent Company Guarantee

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

<< Previous	Abbreviation Database Surfer		Next >>
Patient-Caregiver Functional Unit Scale (questionnaire; geriatrics) Partnership for Clean Fuels and Vehicles (UN Environment Programme; Nairobi, Kenya) Peripheral Chromatic Field of Vision Primary Cause for Variability Peninsula Council for Workforce Development (Virginia) Pulaski County Family YMCA (Young Men's Christian Association; est. 2000; Winamac, Indiana) Policy Center on the First Year of College Ports, Customs, & Free Zone Corporation (Dubai) Packaged Consumer Goods Pakistan Coast Guards		Partido Comunista Guatemalteco (Guatemala) Pasch Consulting Group (digital marketing; Eatontown, NJ) Paso Caballos, Guatemala (Airport code) Patriot Computer Group Patrol Chaser (Missile) PC Gamer (magazine) Peace Campaign Group (India) Peacekeeping Core Group (US interagency policy development body) Pentecostal Church of God Personnel Consulting Group (Louisiana)

Samples in periodicals archive:

Oil trading would have required parent company guarantees, which the ONGC board was unwilling to extend.

India: Mittal, ONGC to wind up trading JV

Where the company (or companies) comprising the contractor is not the ultimate holding company, the contractor is required to procure a parent company guarantee, guaranteeing the performance of all of the contractor's obligations under the contract.

Financing for infrastructure projects

Because my information is that the English Premier League, worried about the financial stability of Setanta, insisted on parent company guarantees, clauses in the contract that would obligate the major backers - such as Goldman Sachs and Doughty Hanson - to pay up what was due if the TV company folded.

Gold must pay the penalty for football fiasco

Landlords would be wise to ensure that any parent company guarantee is drafted so as to strictly prohibit release under any future CVA.

Power to the landowners

The League blame Hammonds for not ensuring the short-form contract had watertight parent company guarantees from ITV Digital's shareholders Carlton and Granada, against whom the League lost a High Court case in 2002 over the guarantee issue.

League bid to win Digital damages

He defended his record over the past 21 months and stressed the ITV Digital contract - without a parent company guarantee from Carlton and Granada - had been signed before he or Harris took over their posts.

Football: League chiefs pay the price; Power battle forces duo to ...

Carlton and Granada refuse to pay ITV Digital's bills and claim no agreement was ever made regarding parent company guarantees.

Denials by TV giants over Digital deal simply 'fanciful'

Assuming proposed buyer subsidiary entity is not sufficiently creditworthy, seller will not be able to look to specific end-user markets for security, so parent company guarantee of take-or-pay obligations would seem to be essential.

APS Conference: Possible Buyer Project Structures