Sentence examples for defaults on its debt from inspiring English sources
Most surprising, if a private equity-owned company defaults on its debt, it is half as likely to be liquidated as its counterparts.
Either Argentina negotiates with the holdout creditors (since paying them back in full is all but impossible), or it defaults on its debt.
With an Aug. 2 deadline closing in for raising the nation's borrowing limit before it defaults on its debt, Obama urged lawmakers in both parties to break the stalemate that halted talks nearly two weeks ago and seize what he called "a unique opportunity to do something big" to rebalance the nation's finances.
Like any average Joe or Jane who misses a credit card payment, the United States will be socked with higher borrowing costs if it defaults on its debt.
The company's weak financial performance won't cause any defaults on its debt obligations, he said, because it has restructured its balance sheet so the first maturities on its bonds do not come due until 2014.
If Greece defaults on its debt and leaves the eurozone it makes investors increasingly nervous about the likelihood of other highly indebted nations, such as Italy, or those with weak economies, such as Spain, repaying their debts or even staying inside the euro.
Greece does not automatically leave the eurozone if it defaults on its debts.
Greece defaults on its debts.
And what happens if the US defaults on its debts?
The United States will probably default on its debt one day.
