{"iri":"https://folio.openlegalstandard.org/R81gIxZEycEyh9ymjYjs9qK","label":"Exchange Debt for Equity","sub_class_of":["https://folio.openlegalstandard.org/R9QUQK65GB15xLVfXkpiW5r"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Exchange Equity for Debt","alternative_labels":["Debt Conversion","Debt-to-Equity Swap","Equity Conversion","Equity-to-Debt Swap"],"translations":{},"hidden_label":null,"definition":"An asset exchange where a party replaces debt with equity — or equity with debt — in a company. Replacing debt with equity often occurs during restructuring to improve financial stability. Replacing equity with debt can help raise capital while avoiding dilution of ownership.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}