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Discover LudwigExact(24)
Consider a transaction where a company exchanges debt for equity.
They have also allowed firms to substitute debt for equity.
Often they hope to swap the debt for equity.
When private-equity deals need to be refinanced, lenders often swap their debt for equity.
UPC wants to swap euro6.5 billion of debt for equity, leaving its liabilities more manageable.
Sirius is also talking to bondholders about exchanging debt for equity.
Similar(36)
The banks could seek a debt-for-equity swap.
A debt-for-equity swap wiped out Baugur's stake.
They will invest a further ¥200 billion into Sharp through a debt-for-equity swap.
The conventional option would be a default and debt-for-equity swap, reducing Tata's stake.
Its stake in Findus was also reduced after a painful debt-for-equity swap last September.
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