GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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11:18 Sep 13, 2018 |
Spanish to English translations [PRO] Bus/Financial - Finance (general) | |||||
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| Selected response from: patinba Argentina Local time: 22:47 | ||||
Grading comment
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Summary of answers provided | ||||
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2 +2 | Deletion following exchange |
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4 | shares/securities exchanged at a discount |
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3 | equity swap basis reduction |
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Discussion entries: 1 | |
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Deletion following exchange Explanation: In a bond exchange offer, bondholders may consensually exchange their existing bonds for another class of debt or equity securities. Companies will often seek to exchange their securities to extend maturities, reduce debt outstanding or convert debt into equity. Exchange offer - Wikipedia |
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