Under recapitalization, debts are generally exchanged for equity or the maturities of existing debts are extended.

Name: Under recapitalization, debts are generally exchanged for equity or the maturities of existing debts are extended.
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Question

Quizplus · Accepted Answer

Recapitalization involves restructuring a company's debt and equity mix. In many cases, this can involve exchanging debt for equity or extending the maturity of existing debt. Therefore, the statement is true.

Under Recapitalization, Debts Are Generally Exchanged for Equity or the Maturities