Germany is waiting for details of a debt-equity swap that Russia proposed last month.
Two years ago Georgia Gulf was near bankruptcy, saved only by a debt-for-equity swap that cut its debt in half.
Short of liquidating the firm, a mixture of asset sales and a debt-equity swap may be the lesser of many evils.
In 2009, Jessops managed to avoid administration by agreeing a debt for equity swap with its lender, HSBC, that saw it taken off the stock market.
Essentially Citigroup is contesting a decision made by Mr Bondi to exclude it from the list of Parmalat's creditors, a step that would, if upheld, keep the bank out of a future debt-for-equity swap prior to Parmalat's re-flotation on the stockmarket.
By giving options to loyal shareholders, the government is guarding against the risk that its stake might drop below 50% should Air France swap equity with another airline in an alliance.
To pave the way for greater liquidity and institutional ownership, LanOptics (nasdaq: LNOP - news - people ) may soon complete a final swap of equity for the remaining EZ shares. (LanOptics currently holds 60.4% of EZchip, its only asset.) It would also be a convenient time for the company to do a secondary offering.
Domestic banks, and some corporate investors, may choose to swap debt for equity.
Out of that 900 of borrowed money, we swap 400 for equity.
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In debt exchanges, companies typically ask creditors to swap current debt for equity, new debt with a lesser value that matures later, or a combination of the two.
Bank of Cyprus will be recapitalized through the imposition of a swap of uninsured deposits for equity in the bank.
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The steps here are first swap the remarked bank debt for equity shares in mutual funds while simultaneously selling the remarked bank assets to the mutual funds.
According to a Harvard Business School study, WPP persuaded its banks to swap a quarter of its debt for 47% of WPP's equity, while providing new financing.
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