Sentence examples for exchanged for equity from inspiring English sources

The process, which should be completed early next year, will see bonds exchanged for equity in the company, reducing its debt to no more than $135m and cutting annual interest payments by $20m.

He borrowed money from the bank and decided to take a long shot, paying $1.9 billion for a package of the bonds that was subsequently exchanged for equity, including large stakes in some two dozen American companies like Samsonite, Converse and Florsheim.

The Internet carrier said financing for the effort, called PSInet Ventures, would include the value of its current investments in Internet technology and the value of Internet services to be exchanged for equity in new ventures as well as $100 million in cash.

Valuable advertising placement is generally either given to web sites by media partners for free or exchanged for equity.

As part of the recapitalization, Munchery issued shares to new investors in the form of a convertible note, which can later be exchanged for equity in the result of another equity raise or liquidity event.

Yu Jeong Jun, the chief financial officer of the SK Corporation, said the company expected a net pretax loss of more than $400 million after exchanging for equity more than $700 million of debt owed by SK Global.

It offers selected teams $30,000 in exchanged for 8percentt equity.

Moreover, Santander has shown a willingness to exchange assets for equity.

Sirius is also talking to bondholders about exchanging debt for equity.

Just take it over and exchange debt for equity, bonds for stock.

Previously, loans were made in exchange for collateral; now investments were made in exchange for equity.