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Exact(47)
Had the bonds been issued at the beginning of 1983, the company said, its cash flow would have fallen short of debt service that year by $122.4 million and a comparable amount in 1984.
There is no sense of debt service here.
And these high interest rates, by raising the burden of debt service, make default more likely.
$75 million a year of debt service for the Ithaca campus.
That in turn would raise the cost of debt service and reduce economic growth.
That means some of its "available resources," will be used for pensions instead of debt service.
Similar(7)
On average, such spending is about five times the amount of debt-service payments".
Michel Camdessus, the head of the monetary fund then, became convinced that countries willing to continue economic reforms had to "count on a more adequate alleviation of the present drag of debt-service payments on their adjustment efforts".
No sub-Saharan countries except Eritrea fall foul of another indicator of imminent debt problems, when the ratio of debt-service to exports tops 20% (though these numbers are worsening, thanks to falling commodity prices).
The ratio of debt-service levels to exports, for example, is only around 6% in both countries, compared with 20-30% in Thailand, Indonesia and the Philippines.Just six months ago, therefore, these three economies provided compelling evidence, when lumped in with China, Hong Kong and Singapore, of a region that was mounting an impressive comeback.
EFH has $3.9 billion in cash and untapped borrowings to get it through the next couple of years of debt service.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com