13:30 Mar 7, 2019 |
Polish to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: Grzegorz Mysiński Poland Local time: 18:40 | ||||||
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Summary of answers provided | ||||
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3 | to exchange debt |
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3 | swap debt |
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Discussion entries: 1 | |
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to exchange debt Explanation: Propozycja ''To exchange debt for asset items etc...'' Example sentence(s):
Reference: http://tinyurl.com/yxtzh3dy |
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swap debt Explanation: swap debt for assets belonging to the debtor p.23 https://www.nbp.pl/en/publikacje/inne/system_bankowy.pdf In a debt-to-asset swap, part or all of the outstanding value of a loan is written off in exchange for an asset, usually the property underpinning the loan https://eur-lex.europa.eu/legal-content/SK/ALL/?uri=CELEX:52... MADRID, Feb 10 (Reuters) - Spanish property firm Reyal Urbis REYU.MC has agreed a debt-for-asset swap with its creditor banks for a total of 409 million euros ($560.7 million), sources close to the deal said on Wednesday. |
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