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It would also reduce the amount of additional debt Pearson would have to take on, and the company acknowledged yesterday that it was not eager to increase its debt load.
Is it in Chad's best interests to increase its debt to international lenders?
Ms. Lidgerwood said she expected the company to use much of its cash on the offer announced yesterday and then increase its debt to raise the rest of the money, making it much less attractive as a takeover candidate.
But AOL Time Warner instead had to increase its debt.
Issuing new bonds would increase its debt load.
He argues that the country cannot afford to increase its debt.
Similar(40)
The Washington-based lender of last resort has already come up against criticism for its lending policy, which critics believe forces the government to pursue draconian austerity measures that will depress growth and increase its debts.
For instance, they must determine whether the company can increase its debts, under what circumstances stockholders can pay themselves an extra dividend and the order in which creditors will be paid in a bankruptcy or reorganization.
The IMF predicts that among rich nations, only the U.S. will increase its debt-to-GDP ratio in the next five years, the wrong direction during an economic expansion.
It thereby quadrupled generating capacity, but it also increased its debt burden enough so that in December 2001 Moody's downgraded Mirant to junk status.
The company also said that it was considering increasing its debt, expanding its share-buyback program and making acquisitions while concentrating on its main gaming and entertainment business.
More suggestions(17)
increase its borrowing
increase its credit
increase its interest
increase its reimbursement
increase its burden
raising its debt
raised its debt
increase its borrowings
increase its debt burden
increase its creditors
increase its relevance
increase its effectiveness
increase its strength
increase its investment
increase its competitiveness
increase its legitimacy
increase its weight
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com