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How Does a Debt/Equity Swap Work?To avoid default, the company proposes a debt/equity swap, offering the bank a 25% stake in exchange for canceling the debt. If the company's total valuation is $40 million post-restructuring ...
To avoid default, the company proposes a debt/equity swap, offering the bank a 25% stake in exchange for canceling the debt. If the company's total valuation is $40 million post-restructuring, the ...
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