In Re (#01-02 January-February 2018)

Debt to Equity in Ukraine

by Vasyl Yurmаnovych

A debt-to-equity swap is a refinancing deal in which a holder of debt receives an equity in exchange for cancellation of the company’s contractual debt.

In Ukraine, debt-to-equity swaps are still rarely done in practice, although the Ukrainian legal society started to review the topic in 2008.

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