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 ...
Debt-to-equity swaps are effective but also complex restructuring instruments: creditors convert their receivables against a company into equity and receive shares in the company in return. A ...
TORONTO, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Psyence Group Inc ("Psyence Group" or the "Company") (CSE: PSYG) hereby announces that it has entered into a debt-for-equity swap agreement (the "Debt Swap ...
In recent days, GameStop Corp. agreed to privately exchange about US$1.40 billion of its outstanding zero-coupon convertible senior notes for shares of its Class A common stock, aiming to cut ...
WASHINGTON (Reuters) - China's massive corporate debt problem could be eased through debt-to-equity conversions or securitisation of non-performing loans, the International Monetary Fund said on ...
Indian LCC SpiceJet has taken another step toward shoring up its finances by striking a deal with one of its lessors to convert debt to equity. The airline announced on Sept. 10 that it has reached a ...
Law360 (September 30, 2025, 11:23 AM EDT) -- A Delaware bankruptcy judge Tuesday said she would approve household furnishings retailer At Home Group Inc.'s plan to cut $1.6 billion in funded debt with ...
・Virgin Galactic issued a notice on June 2 to partially redeem its 9.80% First Lien Notes due 2028. ・On June 10, the company redeemed $30.5 million of notes by issuing 6.73-million shares to holders. ...
Embattled Canadian broadcaster Corus Entertainment Inc. is moving closer to a restructuring that would give bondholders control of the equity, according to people familiar with the matter. The company ...
China is planning a debt-for-equity swap program that could provide large companies mired in overcapacity a way to reduce their debt burdens, the country’s top central banker said on Thursday. The ...