debt swap
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
In recent days, European officials have also been discussing a debt swap that would help Greece.
From New York Times ● May 24, 2016
Argentina's lawyers said Fernandez was "prepared once again" to ask Argentina's Congress to end the litigation by treating the holdout bondholders the same as those who participated in the 2010 debt swap.
From Reuters ● Dec. 29, 2012
Athens is also expected to inform the euro zone ministers of a planned debt swap deal with private lenders, which should slash 100 billion euros from Greece’s massive debt burden.
From Salon ● Jun. 25, 2012
The yield on bonds issued by Greece after its debt swap, which mature in 2023, has just risen above 30%.
From The Guardian ● May 16, 2012
In 2005, the country persuaded 76% of creditors to accept a debt swap that reduced the value of their bond holdings by nearly two-thirds.
From BBC ● May 9, 2012
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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
