Asked by
Aviara Kisselburgh
on Dec 20, 2024Verified
"Capital restructuring" is the term applied to the process of retiring an old, high interest bond issue and replacing it with a new lower interest issue.
Capital Restructuring
The process of reorganizing a company's capital structure, including changing the mix between debt and equity financing.
- Evaluate the impact of capital restructuring on the risk associated with firms and the value for shareholders.
Verified Answer
TH
Learning Objectives
- Evaluate the impact of capital restructuring on the risk associated with firms and the value for shareholders.