Legally , debt-to-equity swap means the conduit of the debtee converting its legal financial claims into investment to the debtor and increasing registered capitals of the debtor accordingly .

• 债转股即债权转股权的简称，从法律意义上讲，就是指债务人的债权人将其对债务人所享有的合法债权依法转变为对债务人的投资，增加债务人注册资本的行为，它包括债权的消灭和股权的产生两个法律关系。