leveraged recapitalization

Recapitalization whereby the corporation substitutes debt for equity in the capital structure, usu. to make the corporation less attractive as a target for a hostile takeover.

— Also termed leveraging up.

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词条贡献者

资深译员徐玲，知名法学院法律翻译专业，擅长翻译各类与财务重组相关的法律文件。