swapped
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Siderurgica's debt swapped for equity
The Banking Assets Resolution Authority (AVAB) will swap the five million-dollar receivable it holds on Siderurgica for shares accounting for 17.6% in this company, AVAB chairman Ionel Blanculescu said. The Authority official thinks the solution to have the co...
ZF English
$100m of Oltchim debts swapped for equity
Petrochemical plant Oltchim Ramnicu Valcea started operations and debt restructuring procedures in view of privatisation. The company has called an Extraordinary General Meeting of the Share...