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Restructure of Financial Institutional Debt
If the company finds itself with unmanageable
overhanging debt from one or more financial institutions, restructuring may
be in order. The restructuring plan could include such considerations
as:
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Conversion from short-term
to long-term debt
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Modification of repayment
terms
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Conversion of debt to equity
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Cancellation of debt
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Exchange of debt for assets
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Waiver and/or deferral of
interest or related charges
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