Sentence examples for swap of preference from inspiring English sources
After deducting provisions already taken in 2011, asset sales and the recent swap of preference shares in its parent group, BFA, for Bankia shares, the shortfall is closer to €2.7 billion.
Lloyds is also believed to be keen to swap the £4bn of preference shares issued as part of last year's rescue package, which carry an expensive 12% interest, for a cheaper form of finance.
Even that proved a stopgap; on December 3rd it was announced that the banks would swap the debt for 75% of the ordinary equity and a slug of preference shares.The second problem relates to the firm's relentless expansion.
Listed in order of preference.
The order of preference was reversed.
Mark your order of preference, as well.
Conversely, gadgets of preference should be central.
It's all a matter of preference.
It's mostly a matter of preference.
Britain has now swapped its preference shares in Royal Bank of Scotland into pure equity, taking its stake to 70%.
