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Exact(38)
Another is "downstreaming" of capital, where a company issues debt and then uses the proceeds as equity for its subsidiaries.
The ministry of railways uses the proceeds of bond issues, freight surcharges and past ticket sales to provide equity.
Alejandro complains bitterly about his father involving him in murder, then uses the proceeds to open a sports shop.
Poverty-stricken and absent-minded, though honest, Parson Crawley picks it up and uses the proceeds to pay his bills.
Generally, Harvard offers the stock back to your company for redemption and uses the proceeds for purposes you specify.
The county, which owns the stadium, uses the proceeds to help pay the $2.6 million worth of bonds that it issued to refurbish the stadium for the Mets.
Similar(22)
Farmers could use the proceeds however they want.
He mainly used the proceeds to retire earlier debts.
It plans to use the proceeds to reduce its debt.
Rexam said it would use the proceeds to repay debt.
Analysts said Associated could use the proceeds to repurchase shares.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com