It was easier to issue debt than equity.
发行债券比发行股票较为容易。
An even bigger problem is the favourable tax treatment of debt relative to equity.
而更大的问题是债务相对于权益的税收优惠。
Another priority is to convert around 70% of GM's outstanding debt into equity.
通用的另一个当务之急是要将其接近70%的未偿还债务转换成股本发行。
Many firms will see their debt-to-equity ratio rise and their ability to borrow fall.
许多企业会发现其产权比率上升，借贷能力下降。
On average the companies on our list have a 13% debt-to-equity ratio.
今年上榜企业的债务股本比率平均为13%。
It might, alternatively, choose to abandon debt altogether and buy equity.
或者，它可以放弃所有的债券来买股份。
Foreign companies have to raise both debt and equity in home markets.
外国公司不得不将债务及资产净值投入回本国市场。
Foreign companies have to raise both debt and equity in home markets.
外国公司不得不将债务及资产净值投入回本国市场。
应用推荐