The two banks converted debt into equity and gradually increased their control.

A plan for converting debt into equity has had some success.

The move continues a trend among various American companies of converting Mexican debt into entrepreneurial activities.

Converting debt and assets from euro into drachma at entry rate in 2002 would finish this proud people off.

For example, companies can sometimes convert debt that they owe into equity in themselves.

With interest rates expected to remain low through most of 1987, more companies will be converting debt into equity.

It would not do to appear desperate, either, or Berman would press his advantage, converting debt to credit.

It also thought up the idea of converting public debt into more or less permanent debt at fixed interest, the system known as funding.

The Argentine talks could bog down over provisions dealing with converting debt to equity.

He wrote that reducing bank debt levels by converting debt into equity will increase confidence in the financial system.