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Abstract

The Guide to Debt Equity Swaps (the “Guide”), provides an excellent introduction to anyone seeking to understand why swap programs have proliferated throughout the developing countries, the variety of forms they have taken, and what they portend for the future. The Guide is divided into two segments. The first segment consists of a series of articles authored by a panel of experts in a variety of disciplines, while the second segment furnishes an in-depth analysis of the most significant debt-equity conversion programs.

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