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imported>Doug Williamson |
imported>Administrator |
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| 1. ''Financial distress''.
| | (ROC). Return on capital employed. |
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| Converting the existing debt of a financially distressed borrower into other debt or sometimes equity, which the distressed borrower is more likely to be able to service in the future.
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| Such restructuring usually involves losses for the creditors whose debt investments are converted in this way.
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| 2. ''Financial strategy''.
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| Other significant and long term changes, usually undertaken to achieve financial improvements for the future.
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| For example, ''"The Brazilian financial system has experienced a deep process of restructuring, mainly the consolidation of the number of banks, reduction of a public sector presence in the market and an increase in the participation of foreign banks."'' ([[Brazil]]).
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| == See also == | | == See also == |
| * [[Brazil]] | | * [[Return on capital employed]] |
| * [[Equity]]
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| * [[Haircut]]
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| * [[Exchange creditors]]
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| * [[Holdout creditors]]
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| * [[Restructuring plan]]
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| * [[Rights upon future offers]]
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| [[Category:The_business_context]]
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| [[Category:Corporate_finance]]
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| [[Category:Long_term_funding]]
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| [[Category:Compliance_and_audit]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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Revision as of 14:20, 23 October 2012
(ROC). Return on capital employed.
See also
