restructure

 
Pronunciation: /riːˈstrʌktʃə/

verb

[with object]
  • organize differently: a plan to strengthen and restructure the EC
  • Finance convert (the debt of a business in difficulty) into another kind of debt, typically one that is repayable at a later time: shareholders and creditors agreed to restructure debts and payment schedules (as noun restructuring) the troubled property company is negotiating the restructuring of its debts