Sentence examples for defaulted on debt from inspiring English sources

Countries like Mexico, Argentina, Brazil and Nigeria defaulted on debt in the 1980s.

With effect from April 21st, banks must continue to extend credit even to companies that have defaulted on debt repayments.

FleetBoston said it might "adjust its strategy" in the country, which defaulted on debt and devalued its currency.

Officially, this stands at close to $12 billion—roughly where it was in 1986 when the government defaulted on debt payments and suspended negotiations with creditors.

EchoStar owns the Dish Network and had purchased Sirius debt in hopes of acquiring the company in case it defaulted on debt due Tuesday.

During the recent recession, the Folk Art Museum defaulted on debt with which, around the turn of the century, it had financed the $18.3 million cost of its new showpiece building.

Loews Cineplex said on Aug. 25 that it might default on debt payments.

Instead of spending recklessly, reigniting inflation and perhaps defaulting on debt as Argentina has done, Lula clamped down on inflation and saved extra money to pay the debt.

What if Trump tries to "make a deal" with America's creditors, effectively defaulting on debt?

According to Standard & Poor's, 50 companies defaulted on debts in the third quarter, totaling $20.4 billion.

* * * The number of people defaulting on debt will rise by 17 per cent by 2020, says Arrow Global.