Sentence examples for maturing obligations from inspiring English sources

Exact(3)

Bausch & Lomb, based in Rochester, said it was able to meet its maturing obligations.

However, throughout 1989, the market for commercial paper contracted, and DBL Group was forced to pay off over $575 million in its commercial paper obligations without concurrently selling additional commercial paper to refinance these maturing obligations.

Refinancing the principal amount of maturing obligations does not impact the par amount of bonds outstanding subject to the debt ceiling, it simply replaces old maturing bonds with new bonds on a dollar for dollar basis.

Similar(57)

The Pacific Gas and Electric Company, a subsidiary of the PG&E Corporation, filed for bankruptcy protection in April and Southern California Edison, a unit of Edison International, defaulted on maturing debt obligations in January.

An outright federal government default -- likely because an undersubscribed auction prevents redemption of maturing debt obligations - could gridlock the financial markets, spike interest rates across the board, and send households and small businesses to the brink of disaster.

The purchases bring to $232 million the amount of debt the company has bought back this year, or 27percentt of its obligations maturing in 2002.

A significant part of that €110 billion, if and when it is disbursed, will be used to repay maturing Greek debt obligations, in full and on time.

Just last year, Sprint was able to dodge a liquidity crisis only by cutting 17,000 jobs, selling its cash-cow telephone-book publishing business and rolling its short-term debt into longer-maturing obligations.

New York City's Tobacco Flexible Amortization Bonds (TFABs), underwritten by Salomon Smith Barney, have rated maturities running from 1 year to 39. Against a New York City general obligation bond maturing with the rated maturity date of the tobacco bond, the tobacco returns don't measure up.

"Persistent tight liquidity conditions in China's financial sector could constrain the ability of some banks to meet upcoming obligations on maturing wealth management products on a timely basis," the credit ratings agency Fitch Ratings said in a report.

That's significantly more than the 3.2% tax-free yield on Illinois AAA general obligation bonds maturing in 2014.

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