It needs equity to recapitalise heavily indebted but still viable firms.

Although it is the world's biggest aluminium producer, it is heavily indebted.

But if the heavily indebted company cannot raise enough from this disposal process, it could be forced into bankruptcy.

The only way a heavily indebted country can live beyond its diminished means is to sell its assets to the highest bidder.

The first is that a heavily indebted nation must spend much of the money it possesses on paying its debts.