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Then it claimed assets well in excess of liabilities but that it lacked liquidity to pay its current debts.
Reed said it needed to raise the money because its current debts were too high following last year's £2.1bn acquisition of risk management business ChoicePoint.
But with no oil to pump or other treasures to sell, it is hard to see how Ukraine's shrinking economy can service its current debts, let alone the new ones the IMF is providing.
Green said that he intends to make money personally out of his involvement in Rangers, by settling its current debts with creditors, then getting "finance into the club" and ultimately floating the club on an "appropriate" stock exchange.
But while New Jersey can afford its current debts, the rating firms said in reports last week, extensive new borrowing could jeopardize the state's ability to pay in later years.
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Given its current debt rating it is probably more likely to sell more shares than try and raise debt.
LAS VEGAS-- BUSINESS WIRE)--155 East Tropicana LLC, owner of the Hooters Casino Hotel (the "Company") announced today that it will seek a financial restructuring of its current debt through a petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code which was filed today with the United States Bankruptcy Court for the District of NeVEGAS-- BUSINESS
To assess whether a company's debt-to-equity ratio is within an appropriate range, it is a good idea to compare it to other companies in the same industry, and/or to compare its current debt to equity ratio to that of past periods.
Greece would need to grow by at least 4% a year to service its current debt.
Analysts estimated that some $1.3 billion would be needed to pull the airline through, about 25percentt of its current debt.
Bell had asked for the measure to be included in an effort to placate its current debt holders.
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