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Because of cross-default provisions, default on the IANs would make other Soviet-era debt payable at once.
Overnight, banking debt in six Irish banks (including the four bailed out on Thursday) was converted into state debt, payable by tax-payers.
The Moody's rating refers specifically to Mexican government debt payable in foreign currency, but the benefits extend to corporate borrowers, which are rarely able to win ratings higher than their home country's, a limit known as the sovereign ceiling.
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To measure a hospital's ability to pay its obligations (e.g., debt, payables) using its assets (e.g., cash, inventory, receivables), we construct two variables for asset liquidity.
Finally, he screens the usual financial data, including long-term debt, accounts payable and receivable and reinvestment in the business.
A number of loans or debt securities payable by various companies are put into a pool, and new securities are issued which pay out according to the pool's collective performance.
Its main problem is that much of its debt is payable in dollars but its revenue comes largely in Brazilian reais, which have lost almost half their value in the past year.
That is not to say that Puerto Rico's massive debts are payable or that the math is not suffocating, but long before the debts were massive, and long before the math became intractable, there were the politics.
These unpalatable steps will do nothing to make Greece's debts more payable, bring its budgets closer to balance or help make the structural reforms Greece needs to revive its economy.
"The debt is not payable," García Padilla said.
Puerto Rico's governor, Alejandro García Padilla, conceded in late June that the island's debt is "not payable" in its current form.
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