News eCin 02 Feb 2018

Debt-equity swaps provide liquidity relief, but some liabilities remain in system

02 Feb 2018

China's debt-for-equity swap framework renders near-term liquidity relief to affected Chinese companies, giving them time to restore their business and credit profiles, Moody's Investors Service says in an assessment of the year-long implementation of the approach which was originally announced in October 2016.

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