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Spansion to seek debt-for-equity swap to ease financial pressure, says executive

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Monday 17 August 2009 0

Spansion's financial restructuring following its exit from Chapter 11 will involve a debt-for-equity swap, according to John Nation, director of corporate marketing for the NOR flash chipmaker, during his recent visit to Taiwan. Spansion intends to...

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