If all goes as planned, GM will reach a debt for equity swap agreement with its lenders by that date, thereby erasing the payment.

如果一切按计划进行，通用汽车将达到债务的债转股协议，其贷款的那一天，从而抹去支付。

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Abramov, a major supplier and therefore a creditor, chose to swap their debt for equity, buying additional debt from other creditors.

然而作为公司主要的供货商，阿布拉莫夫这一次扮演了债权人的角色，他选择了以股票的方式抹去了两家公司的债务，并且向其它债权人收购回了两家公司的其它债务，因此，阿布拉莫夫名正言顺地成为了公司的大股东。

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Some academics argued bank creditors should be forced to swap their debt for equity, for example.

举例来说一些学者认为银行的债权人应该用他们的负债交换资产。

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In 2009, Jessops managed to avoid administration by agreeing a debt for equity swap with its lender, HSBC, that saw it taken off the stock market.

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Two years ago Georgia Gulf was near bankruptcy, saved only by a debt-for-equity swap that cut its debt in half.

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Essentially Citigroup is contesting a decision made by Mr Bondi to exclude it from the list of Parmalat's creditors, a step that would, if upheld, keep the bank out of a future debt-for-equity swap prior to Parmalat's re-flotation on the stockmarket.

ECONOMIST: Parmalat