Your English writing platform
Discover LudwigExact(2)
But Chile not only serviced its debt punctually; it also made important efforts to reduce its foreign debt by means of continuous fiscal surpluses and debt-equity swaps.
In recent years, Brazil has serviced its debt by running up large trade surpluses.
Similar(58)
If the company is unable to service its debt, it could go bankrupt.
The Russian government has already given Cyprus a 2.5 billion euro three-year loan at a below-market rate of 4.5 percent to help it service its debt.
The company attributed this increase to the costs of servicing its debt — it raised $1 billion last year in convertible debt — and to the effects of foreign exchange rates.
It spends almost as much on servicing its debt as it does on the Police and Sanitation Departments combined.
Keep in mind that Mirant filed bankruptcy not because it could not service its debt load but, rather, because it could not meet its maturity schedule.
The government currently spends twice as much on servicing its debt as it does on basic services, such as primary health care and education.
Vasp has had to abandon some domestic and foreign routes recently as it struggles to service its debt.
Even if it completely stopped servicing its debt, the Greek government wouldn't free up enough money to avoid savage budget cuts.
Even before the crisis, Renong was so leveraged that it could not service its debt from its operating cash flow.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com