Being concerned on the cost of the transaction tax of the debt-equity swaps is helpful for us to re-evaluate the significance of debt-equity swaps or the limitations of the policy.

关注以股抵债交易的税务成本有助于我们重新评价以股抵债政策的意义或者局限性。

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Banks are also raising their stakes in their most troubled borrowers, via debt-for-equity swaps, in return for tepid restructuring schemes.

ECONOMIST: Japanese stockmarkets

As part of the deal, these firms are given preferential treatment by the banks, including debt-for-equity swaps, lower interest rates, and access to a pool of some 2 trillion won in new loans and trade financing.

ECONOMIST: South Korean bankruptcy

But that action should pave the way for the debt-equity swaps with the bankers that will make Daewoo's subsidiaries healthy enough to sell, so breaking up Mr Kim's fief.

ECONOMIST: South Korea��s alarming recovery