SERV GLOSSARY


Restructuring

GlossaryRestructuring involves measures to restore the profitability and financial equilibrium of debtors who are not members of the GlossaryParis Club and are over-indebted or at risk of insolvency. It includes the redistribution of the debt burden. In Glossaryrestructuring, outstanding claims are renegotiated in a contract between SERV or the policyholders and the debtor.