21. Creditors are now scrambling to re-negotiate terms, refinance debt or even convert debt to equity in hopes of recovering money at a later date. 22. Corimon will meet with its creditors this afternoon in a bid to refinance its debt, the newspaper said. 23. Destinations wanted to refinance the debt so future interest costs would remain relatively steady. 24. During the past few years, the utilities have reduced their workforces and refinanced their debts. 25. For starters, the company needs to refinance debt. 26. Given the recent decline in interest rates, Keebler may also seek to refinance its debt and lower its borrowing costs in that way, he added. 27. He sold the cash-sapping construction and Rover car units, lined up partners to help build short-haul jets and refinanced debt. 28. He said the company was considering several options to refinance its debt, including issuing bonds. 29. Higher bond prices, which means lower yields, help financial companies by allowing them to refinance debt at lower interest rates. 30. If the federal restriction is eased, the city can refinance the debt a second time at the lower rates, saving more money. |