Which is NOT one of the types of restructurings involving debt?

The correct answer identifies liquidation of current assets as not being one of the types of restructurings specifically involving debt. In debt restructurings, the focus is typically on how to manage or change existing debt obligations to improve a company's financial stability or operations.

Restructuring can take several forms, including the transfer of assets, which might involve selling or trading physical assets to settle debts or to improve liquidity. The transfer of equity interest refers to altering the ownership stake in the company, often as a means to bring in new investors or to negotiate better terms with creditors by giving them an equity stake in the company. Modification of terms includes extending the maturity of debt, changing interest rates, or other adjustments to the original debt agreements to make repayment more manageable.

In contrast, liquidation of current assets does not directly relate to debt restructuring because it pertains to converting assets to cash rather than modifying the terms of debt obligations or handling the relationship between the company and its creditors. While liquidation might be a strategy used in broader financial distress scenarios, it is not a method for restructuring debt specifically.