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But with the refinancing, the cost of repaying the authority's current debts would increase by $5.4 billion over 30 years.
As the dollar and yen rise, those investors that have borrowed the two currencies face an increased cost of repaying their debts.
Earnings to shareholders were reduced to $394 million, or 8 cents a share, largely because of the cost of repaying a government bailout.
Many have heavy debts in foreign currencies, but the cost of repaying that debt has increased as their home currencies' values have declined.
In turn, the currencies of several countries in the region have slipped against the euro, forcing up the local cost of repaying debt.
The borrowers have erected forests of apartment buildings and many new factories, partly in the expectation that inflation will erode the cost of repaying the loans.
Similar(36)
That increases the costs of repaying the debt, sending the total price tag even higher.
The austerity and the soaring costs of repaying bank loans and mortgages taken out in hard foreign currencies (euro, yen and dollar) are fuelling the misery.
Fred Pickel, the city's independent ratepayer advocate, said he was pleased that the utility was moving ahead with a settlement but warned that there remains significant uncertainty about the costs — both of repaying customers and implementing all the requirements of the settlement.
For friends splitting the cost of dinner, repaying a borrowed £10 or people sending money to a son or daughter at university, it is free, quick, convenient, secure, and easy to use.
This study reports the lifetime cost to medical graduates of repaying the Student Loans Company under the new £9000 annual fees regime.
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CEO of Professional Science Editing for Scientists @ prosciediting.com