Sentence examples for debt agreed from inspiring English sources

GMAC said that bondholders owning $21.2 billion of its debt agreed to the exchange.

Holders of about 92percentt of the $6.9 billion in secured debt agreed to back the deal.

Assisted Living Concepts Inc., a leading chain of retirement homes, filed for bankruptcy protection after bondholders owning about 47percentt of the debt agreed to a reorganization plan.

Holders of $8 billion of the debt agreed to exchange it for almost full ownership in the company, and some old debt was exchanged for new debt.

He was laid off in 2009 a year laterr, Greece, which had racked up enormous debt, agreed to a bailout from international creditors on the condition that it impose a harsh regimen of spending cuts and other economic reforms.

ASSISTED LIVING CONCEPTS INC., Portland, Ore., operator of a chain of retirement homes, filed for Chapter 11 bankruptcy in Wilmington, Del., after bondholders owning about 47percentt of the company's debt agreed to a reorganization plan.

Among the items on the seven-point plan Mr. Papandreou presented are completing the legal and financial terms of private sector involvement in the Greek rescue, in which banks holding Greek debt agree to voluntarily forgive much of its face value, to avoid a default.

"Clubs can theoretically shed £100m of debt, agree a CVA at a penny in the pound and come back in with all that debt shed.

Economists urge Germany, the continent's undisputed leader, to take bold steps to fix the situation – writing down more Greek debt, agreeing with Eurozone partners to jointly issued government bonds, signing up to radical banking reforms – but Merkel has clung to an incremental, at times ponderous, approach.

As part of the settlement, the company's former chief executive, Jean-Marie Messier, who transformed the company from a water utility into a media empire but saddled it with huge debts, agreed to pay a penalty of $1 million and to give up any claims to a severance package worth 21 million euros ($26 million) that he says he negotiated before resigning in July 2002.

The deal would turn on private holders of Greek debts agreeing to roll them over -- and forestall a restructuring that would force losses on them.