I stedet for at tilbagebetale 97,1 mio. PLN (de to oprindelige lån på i alt 75 mio. PLN plus 22,1 mio. PLN i ubetalte renter), udstedte HSW således aktier for 75 mio. PLN, som blev erhvervet af ARP (ifølge Polen gennemførtes byttet den 2. juli 2007).
As a result HSW, rather than having to reimburse PLN 97,1 million (the original two loans totalling PLN 75 million plus PLN 22,1 million in non-reimbursed interest), issued shares worth PLN 75 million which were acquired by the ARP (according to Poland the swap was implemented on 2 July 2007).