
Recapitalization is a sort of a corporate reorganization involving substantial change in a company`s capital structure. Recapitalization may be motivated by a number of reasons. Usually, the large part of equity is replaced with debt or vice versa. In more complicated transactions, mezzanine financing and other hybrid securities are involved. ==T....
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http://en.wikipedia.org/wiki/Recapitalization

An alteration of a firm's capital structure. For example, a firm may sell bonds to acquire the cash necessary to repurchase some of its outstanding common stock.
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http://wps.pearsoned.co.uk/wps/media/objects/1669/1709588/glossary/glossary

An internal reorganization of a corporation including a rearrangement of the capital structure by changing the kind of stock or the number of shares outstanding or issuing stock instead of bonds. It is distinguished from most other types of reorganization because it involves only one corporation and is usually accomplished by the surrender by share...
Found on
https://www.encyclo.co.uk/local/21071
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