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But he tidied up the accumulated historic deficit by pushing through Proposition 57, allowing $15 billion-worth of longer-term bonds to be issued to cover the debt.
Special casualty forms are issued to cover the hazards of sudden explosions from equipment such as steam boilers, compressors, electric motors, flywheels, air tanks, furnaces, and engines.
This was especially needed because much of the debt issued to cover the financial crisis of 2008 was short-term debt.
The county paid $47 million more in debt service on its debt of $831 million in bonds issued to cover tax refunds.
Discussions with the ECB on restructuring the promissory notes that the government issued to cover €30 billion in losses, mostly at Anglo Irish Bank, have continued for more than a year without success.
Nearly two-thirds of the Illinois state government's $58 billion in direct debt consists of bonds the government issued to cover retirement payments for workers, including a $10 billion pension obligation bond that broke all previous records in 2003.
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Each euro zone country will guarantee 120 percent of its pro rata share for each bond issue to cover that of any country unable to contribute.
Meanwhile Ryanair, the no frills carrier, has emerged unscathed from September 11 and underlined its confidence by unveiling a share issue to cover a major expansion.
Santander is raising €7bn (£61bn) via a rights issue to cover a €7.9bn provision for even more write-offs on Popular's troubled book of property loans.
Telefónica said it planned to sell new shares in Telefónica Deutschland to existing shareholders in a rights issue to cover the initial cash payment of 3.7 billion euros to KPN.
We would be interested to receive proposals for special issues to cover larger projects or themes.
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