1.   Analysts say the stock may decline further as more debt is converted.

2.   A group of six banks led by BBV will convert the debt into bonds and loans and sell the securities on the open market.

3.   But the main reason for repackaging the loans as bonds is to convert short-term debt into long-term debt.

4.   Creditors are now scrambling to re-negotiate terms, refinance debt or even convert debt to equity in hopes of recovering money at a later date.

5.   Fixing corporate balance sheets by rescheduling loan payments and converting debt to equity went a long way toward solving problems.

6.   For days, analysts have speculated that Olivetti needed to sell assets, convert debt to equity, or sell additional shares on the market.

7.   He said creditors want the remaining debt converted into Eurobonds or another secure instrument, a demand Russia may grant if other issues are resolved at talks beginning Tuesday.

8.   Holders had the right to convert the debt into stock of companies the government was selling.

9.   Many larger companies have turned to convertible securities that provide holders the option of converting their debt into stock in the company at a set price.

10.   Shareholders also stand to see their holdings diluted when the debt is converted to company shares.