distressed exchange
基本解释
- 廉價交易
- 折價清償
英汉例句
- Sure Warren Buffett seems to keep making money — but he has enough capital and clout to negotiate preferred stock deals to rescue distressed companies in exchange for no-lose deals that give him a 6% guaranteed return with the chance for upside in the stock, as he did with Bank of America (BAC) in August.
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