Sentence examples for company default from inspiring English sources

Diageo employees would not receive their pensions in whiskey rather than cash, but the move does give them a guarantee that they would not walk away empty-handed should the company default.

Understanding and predicting company default has been an area of extensive research for at least 40 years.

For example, if the company has a really good patent, they could use the patent to guarantee the bond--promising the patent to the bondholders should the company default in its payments.

The company defaulted on its debt in January 2009 during the economic downturn.

Last month, the company defaulted on $30 million in loans and notes.

The loans would commit the US government to repaying Southern's loans if the company defaults.

If a company defaults, those obligations would then go to the federal government.

What creditors actually recover after company defaults is heading below 20percentt of face value.

However, when the new company defaulted on its payments to Rhode Island, the state canceled the festival's contract.

At the time, the CDX index showed that the cost of insuring against company defaults was rising, a bearish signal.

The company defaulted on some of its debt in 2009, according to former executives and an employment lawsuit.