recapitalization

[ree-kap-i-tl-uh-zey-shuhn]

noun

1. a revision of a corporation's capital structure by an exchange of securities.

Word History and Origins

Origin of recapitalization¹

First recorded in 1925–30; re- + capitalization

Example Sentences

"Lockheed Martin has decided not to respond to the U.S. Air Force's KC-135 fleet recapitalization Request for Information," Lockheed spokesperson Stephanie Stinn said in a statement.

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Advocacy for the LMXT,which would be made in Alabama and Georgia, had been fierce with Lockheed spending political capital to assure that Boeing's plane was not a shoo-in to win the second tranche of the three-tranche tanker recapitalization.

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The airline apologized for the “extremely painful decision” but said “significant financial pressures” made it necessary to temporarily halt operations pending shareholder restructuring and recapitalization of the company.

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Proterra said in a statement Monday that its bankruptcy was made “in an effort to strengthen its financial position through a recapitalization or going-concern sale.”

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It also said it is “actively working” with lenders to pay the delinquent property taxes “as part of a larger recapitalization and loan extension plan.”

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