Conquering countries with debt - what happens to it? (Little Upsilon)

I saw on the financial page where it says that debt in a conquered country is inherited by the previous owner. But, I took a country with debt once and all of the debt stayed in the conquered country. The conquered country received a cash infusion from somewhere, though. It seemed like it was equal to about half of the debt.

Is that how it works? The conquered country keeps debt but receives half of it in cash? I'd like to know before I take any more countries with massive debt.

Thanks~

When you conquer a debt-ridden country, you get stuck with the first 10T in debt, and the rest gets transferred to the main of the previous owner. So, if the country has 25T in debt, it'll automatically receive a cash infusion of 15T, netting you with only 10T in debt.

Oh, cool. That works out even better for me, this time at least ^_^

Thanks.