{"id":"S88004773","label":"Debt equity conversion","description":"Here are entered works on a debt relief arrangement whereby a firm, usually foreign, purchases sovereign debt in a country's secondary market. The issuing country then buys back the debt in local currency and specifies how the firm is to use the proceeds, usually to finance a fixed equity investment.","source_url":"https://id.loc.gov/authorities/subjects/sh88004773","normalized_label":"debt equity conversion","broader":["http://id.loc.gov/authorities/subjects/sh85036133","http://id.loc.gov/authorities/subjects/sh89002818"],"aliases":["Buybacks, Debt","Conversion, Debt-equity","Debt buybacks","Debt-equity swaps"],"source_identifier":"http://id.loc.gov/authorities/subjects/sh88004773","provider":"lcsh","revision":"70355230b942d5a9","taxonomy_revision":"f050b5d4780b1289","title":"Debt equity conversion","url":"/topics/S88004773","kind":"topic-directory","aeo_cohort":"topic-directory","catalogue_revision":"f050b5d4780b1289","numeric_address":"14144759986630296128","address_version":"morton4x16-v1","coordinates":[0,20,64354,37888],"answer_status":"Directory metadata; local answer requires separate source review","truth_status":"Subject descriptor, not a factual answer or a demonstrated knowledge gap","reviewed_answer":null}