Market-Oriented Debt-for-Equity Swaps  

出　　处：《Beijing Review》2016年第43期36-37,共2页北京周报（英文版）

摘　　要：The State Council has recently is- sued guidelines on market-oriented debt-for-equity swaps and reducing corporate leverage. China＇s financial markets welcome the new documents, whose con- tent takes into consideration the opinions of various market participants as well as experience gained and lessons learned from debt-for-equity swaps conducted in the late 1990s. As long as the guidelines are well im- plemented in practice, we can be confident of satisfactory results.The State Council has recently issued guidelines on market-oriented debt-for-equity swaps and reducing corporate leverage. China’s financial markets welcome the new documents,whose content takes into consideration the opinions of various market participants as well as experience gained and lessons learned

关 键 词：金融市场 导向 IM系统 国务院 参与者 债转股 企业 债务 

分 类 号：F832.51[经济管理—金融学]