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MTFG to swap Y130 bln MMC debt into stock-sources

TOKYO, May 19 (Reuters) - Two of Mitsubishi Motors Corp's creditors in the Mitsubishi group will decide as early as Wednesday to swap 130 billion yen ($1.14 billion) of debt owed by the auto maker into equity, Mitsubishi group sources said.

The Bank of Tokyo-Mitsubishi (BTM) and Mitsubishi Trust & Banking Corp, both part of the Mitsubishi Tokyo Financial Group , have outstanding loans of under 200 billion yen to Mitsubishi Motors.

BTM will swap 90 billion yen and Mitsubishi Trust will exchange 40 billion yen of debt for equity to help the auto maker restructure, the sources said. ($1=114.03 yen)