Capital restructuring

This is an instrument that changes the nature of the creditors’ claims against the business.
The debt is converted into share capital, which may or may not be redeemable, and which may or may not bear certain preferent rights.
This is a complicated remedy, too complex to deal with in this forum. It is, however, very useful when appropriately used.

Free Online Business Directory South Africa
7 Saxony, 265 Wanda Cele Road, Amanzimtoti, 4126 Tel : 031 903 3648 | Contact  us.