Debt Swaps, Refunding, and Restructuring

Debt swap and restructuring pages explain how existing claims are exchanged, refinanced, forgiven, discharged, or otherwise reset after issuance.

In this section

• Debt Swaps and Exchange Restructuring
  Debt restructuring terms for debt swaps, debt-for-equity, debt-for-nature swaps, and deadweight debt.
  • Deadweight Debt: Understanding Non-Productive Borrowing
    An in-depth examination of deadweight debt, its categories, historical context, and implications on personal, business, and government finances.
  • Debt for Equity: Meaning and Restructuring Use
    Learn what a debt-for-equity exchange is and why distressed borrowers sometimes convert debt claims into ownership interests.
  • Debt Swaps: Exchange of Debt for Another Type of Asset or Commitment
    Debt swaps are financial strategies that involve exchanging debt for
  • Debt-for-Nature Swap: Converting Debt to Environmental Funding
    A Debt-for-Nature Swap involves converting national debt into funding for environmental projects, serving as a form of sovereign debt swap that promotes environmental conservation.
• Refunding, Cancellation, and Discharge
  Debt restructuring terms for refunding, senior refunding, new money, canceled debt, and discharge of indebtedness.
  • Canceled Debt: Understanding Forgiven Debt
    A comprehensive exploration of canceled debt, its implications, key events, and considerations.
  • Debt vs. New Money: Key Differences and Implications
    Understanding the essential differences between debt and new money, their roles in financing, and their broader economic implications.
  • Discharge of Indebtedness: Formal Cancellation of a Debt
    A comprehensive overview of the discharge of indebtedness, its historical context, types, key events, explanations, formulas, applicability, examples, and more.
  • Refunding: Definition and Applications
    Refunding in Finance: process of selling a new issue of securities to obtain funds needed to retire existing securities. Also encompasses returning money to dissatisfied customers in Merchandising.
  • Senior Refunding: Replacement of Securities with Longer Maturities
    Senior refunding involves replacing securities maturing in 5 to 12 years with new issues having original maturities of 15 years or longer. This process helps reduce interest costs, consolidate issues, or extend maturity dates.