41. The party said in a statement that it planned to have that debt retired by the end of this year. 42. The parent must use the proceeds to retire bank debt, according to the filing. 43. The only losers, of course, are the shareholders, whose stakes are diluted by the issuance of shares to retire the debt. 44. The proceeds are being used to retire debt, expand the Trump Plaza and to build a riverboat casino in Gary, Indiana. 45. The proceeds, minus the upfront lease charges, could be used to retire debt. 46. The proceeds from the sale will be used to retire debt in order to provide financial flexibility for future expansion opportunities, Living Centers said. 47. The proceeds will initially be used to retire debt pending reinvestment in its retail business, Coles Myer said. 48. The remainder of the sales price will retire other debts owed by Old America. 49. The year-ago quarter included charges to retire aircraft and to retire debt. 50. To achieve the target, the government will rein in spending, restrict borrowing and retire debt, it said. |