
Debt restructuring

Translation debt restructuring into russian
debt restructuring
The government announced a debt restructuring plan to help the economy.
Правительство объявило план реструктуризации долга для помощи экономике.
Definitions
Debt restructuring is a financial process in which an organization or individual renegotiates the terms of their existing debt obligations to achieve more favorable conditions, such as lower interest rates, extended repayment periods, or reduced principal amounts, often to avoid default or bankruptcy.