Spanish translation: convertir a capital accionario/en acciones
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English to Spanish translations [PRO] Bus/Financial - Business/Commerce (general)
English term or phrase:to convert to equity
Meanwhile, Franklin is coming to terms with the Company’s pressing obligations.
Although the proceeds are not payable for ten days, if
the shares cannot be sold, the Company has to raise the cash, perhaps with an
enforced sale of assets or subsidiaries. Franklin tells his adviser, Brad
Cohen of Fisher King, that the best candidates to buy the subsidiary are
the British banks, since they have loan exposure to
the Company of $2.5 billion and $3.4 billion respectively, which they might be
persuaded to convert to equity. Franklin is also toying with the possibility
of temporarily parking offshore some of the Compan's credit portfolio, perhaps
by means of a three-month credit-default option, to bring down
the bank’s regulatory capital requirement.