English translation: shall subscribe by drawing against its line of credit
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21:12 Jul 10, 2003
French to English translations [PRO] Bus/Financial - Investment / Securities / investment banking
French term or phrase:souscrire par compensation
Context: a memorandum of agreement regarding capital contributions among various companies.
Wording: "Pour cette second vague d'apports, X souscrira par compensation avec sa ligne de crédit, qui sera réduite d'autant."