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A debt/equity swap is a financial restructuring strategy where a company exchanges outstanding debt for equity in the business. This can help a company reduce its debt burden and interest costs while ...
DUBLIN, May 27 (Reuters) - Bank of Ireland will unveil plans early next week for its junior bondholders to exchange 2.8 billion euros ($4 billion) in debt for shares in the bank, a source familiar ...
NEW YORK, Feb 24 (Reuters) - Credit default swaps insuring the debt of banks have weakened in the last month as some bondholders worry that a plan to swap the debt for equity may be considered as a ...