Sentence examples for bond creditors from inspiring English sources
During a contentious meeting that stretched late into the night, the City Council decided, nearly unanimously, to begin mediation with public employee unions and major bond creditors in what is widely seen as the city's last-ditch attempt to restructure its finances outside of bankruptcy.
Argentina, which is Latin America's third-largest economy, is battling to avoid paying its bond creditors in full.
Under this plan, GM would prepare a reorganization in cooperation with its bond creditors that would take effect once the company went into a Chapter 11 bankruptcy.
Orders for other cuts come from Los Angeles County and the district's bond creditors, Sheppard said.
In addition, the district must make $3.1 million in further cuts to fulfill a promise exacted by the district's bond creditors before the district floated $12.4 million worth of bonds in June.
Since that would have amounted to a cut of up to 90% in the net present value of the bonds, creditors dismissed it as derisory.On December 3rd, the Argentine Bondholders Committeee, a New York-based group, made a counter-offer.
If Russia called the bond, other creditors could also demand immediate repayment.
Earlier this year, when Germany was still refusing to participate in a bailout, the country's largest newspaper by circulation, Bild, suggested Greece should sell the Acropolis to pay off its bond market creditors.
If Argentina defaults on its bonds, these creditors will no longer be paid A few weeks ago, the Financial Times turned up a confidential memo written by Argentina's American lawyers to the Argentine minister of economy and public finance.
The big banks and investment companies hold a significant advantage in the competition for funds (for example, from depositors and bond holders), because creditors know that they will be bailed out when a crisis occurs.
If Salisbury fail to pay the bond and football creditors by Friday, 4 July they will be expelled from the Conference altogether.
