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 ...

GMAC Financial Services LLC says it raised $21.2 billion in a debt-for-equity swap, but appears to remain shy of its capital-raising goal needed to qualify to become a bank holding company.

The airline was reported to have disclosed the debt-for-equity swap plan to unions on Wednesday. Air Canada is looking for $770 million in annual labour cuts from the unions and tried to show them ...

HONG KONG — China Evergrande Group is considering repaying offshore public bondholders owed around $19 billion with cash installments and equity in two of its Hong Kong-listed units, two sources said, ...

Equity Swap agreements will observe the following limits and conditions: Equity Swap Settlement: cash settlement, within a maximum period of 12 months from December 13, 2024.