Sir can u please clarify few things in this question :
The question only mentions that 20 % will be offered to public so how does it equal to offering shares at a 'discount' ??
also sir if u can just give me a rough picture of what equity for debt swap is and what are we doing in part aiii of this question?
Thanks alot!
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Mlima co june 2013
8y ago#1The question says (in the paragraph immediately above 'financial information') that the shares will be issued at a discount.
An equity for debt swap is where you give lenders shares in return for the debt to them being cancelled.
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