Sentence examples for asked creditors from inspiring English sources

SK asked creditors to reconsider their decision to ask a court to place SK Global in receivership, a step on the way to liquidation of the company.

The emirate's government asked creditors of Dubai World, one of three big government-backed conglomerates, to agree to a standstill on repayments until May 30th 2010 at the earliest.

In September, Lampert — Sears' largest shareholder and creditor and the owner of the hedge-fund ESL Investments — asked creditors to refinance $1.1 billion in debt before the Oct. 15 payment, according to a filing with the Securities and Exchange Commission.

Sentiment in stocks was dented by the news that Dubai World, which is thought to have debts totaling around $60 billion, has asked creditors if it can postpone its forthcoming payments until May.

The main beneficiary of this programme will be Ssangyong, the sixth-biggest chaebol, which last week asked creditors to bail out its two construction companies to avert bankruptcy.The other part of the FSC's approach is to get the larger chaebol to restructure by swapping businesses in industries such as semiconductors, petrochemicals and aerospace, in which scale matters.

Furious bondholders have arranged emergency talks with Dubai officials this week in an effort to get some clarity on the financial health of the state-owned company Dubai World, which caused widespread panic on world markets last week when it asked creditors for a six-month standstill on debt repayments.

As the size and scope of the task becomes clear, the Bush administration has solicited both money and expertise from wealthy nations and the World Bank and International Monetary Fund for the reconstruction of Iraq, and asked creditor nations to forgive the country's debts.

This seemed to many to be more than it was fair to ask creditors to do.

For countries in bail-out programmes, less of it means asking creditors for bigger loans (or a debt write-off).

"Because we have the crisis, we cannot ask creditors to participate, and because we don't ask them to participate, the crisis continues," he said.

Mr. Benjamin, another Democrat, said he and his wife had to ask creditors for more time to pay credit card and cellphone bills.