Sentence examples for defaulted on its debt from inspiring English sources

So if it defaulted on its debt, it would not immediately have to borrow from the markets.

Before Tishman Speyer could do anything about any of this, however, it defaulted on its debt payments.

It was only after Argentina turned its back on these austerity demands, and defaulted on its debt, that it began to recover.

As part of a prearranged agreement, Ahold bailed out its partner in the venture, Velox Retail Holdings, after it defaulted on its debt.

When it couldn't meet its payments, it simply defaulted on its debt, effectively cutting itself off from the world's capital markets.

When Mexico defaulted on its debt in 1982, it set off a financial crisis across Latin America that lasted until the end of the decade.

Russia stands at a crossroads bigger than the one it faced in 1998, when it drastically devalued the ruble and defaulted on its debt.

During the 1990s, Russia lost 40% of its gross domestic product, and in 1998 it sharply devalued the ruble and defaulted on its debt.

In May, former president Bill Clinton reportedly said at a panel that "it might not be calamitous" if the country defaulted on its debt for a few days.

It then dropped its peg to the dollar and defaulted on its debt.

The austerity crowd warned that Argentina would collapse if it stopped pegging the peso to the dollar and defaulted on its debt.