Sentence examples for extend debt from inspiring English sources
Both companies are seeking promises from Enron's bank lenders to extend debt repayment dates until after the merger closes.
Such a proposal, which was successfully used by Uruguay in 2003, would, in theory, minimize banking losses and extend debt payments further into the future, easing Greece's financing burden in the near term.
If banks are willing to extend debt of six times earnings before interest, tax, depreciation and amortization, a buyer would need to come up with about $3.8 billion in equity.
But they also want the government to get the country's banks to exchange debt for preferred shares, which would leave the banks without voting rights, and to extend debt maturities up to ten years at below prime rates.Even if the swaps go ahead, they may not lead to the necessary reduction in capacity.
Greece's creditors will be ready to extend debt maturities to reduce further Greece's (already-low) servicing costs; to allow it to run a primary fiscal surplus lower than the 4.5% mandated (from 2016) in its bail-out agreements; and to respond to a vague Greek proposal to stick to "70%" of the reforms agreed by the previous government.
Some analysts fear that the 5-25 scheme, a recent RBI initiative that allows banks to extend debt on long-lived projects for up to 25 years, with a window for refinancing every five years, will be used to disguise unviable lending.
He added, "Consumers are still retrenching and paying down debt, not extending debt burdens".
A third bail-out may nod towards this by, for example, further extending debt maturities.
Those transactions allowed the issuers to capture discount associated with below-par trading prices while extending debt maturities.
He also said the scope for milder forms of debt relief, like extending debt maturities, was "not very big", Reuters news agency reported.
They are campaigning for a new form of money creation, one that doesn't rely on anti-social institutions (banks) extending debt to people buying overpriced houses.
