Corporate Debt Adjustment

Corporate Debt Adjustment is a process where a company negotiates with its creditors to change the terms of its existing debts. This can include extending the repayment period, reducing the amount owed, or altering interest rates, aiming to improve the company's financial stability. The goal is to prevent default or bankruptcy by making debt obligations more manageable, allowing the business to continue operating and recover. It's often part of a broader restructuring strategy to balance the company's financial health with creditors’ interests.