111.   Trump says he will repay the loan next summer and voices confidence that the company will be able to refinance its debts at lower rates.

112.   Unless Finova has managed in the meantime to raise additional cash, its creditor banks could refuse to refinance the debt.

113.   Under German law, Holzmann is required to file for bankruptcy as soon as its creditors decide against refinancing its debt.

114.   Universal plans to use the funds raised in both offerings to refinance debt, redeem existing notes and pay for pending asset acquisitions from four advertising companies.

115.   When interest rates fall, municipalities often issue new bonds to refinance the debt and lower their interest payments.

116.   When interest rates fall, state and local agencies often refinance old debt by issuing new municipal bonds.

117.   When interest rates fall, the city can try to refinance its debt.

118.   While the prospectus for the securities also said the company may refinance existing debt, Kowalke declined to comment.

119.   With interest rates at record lows, Japanese companies are selling corporate bonds rather than taking out bank loans to refinance outstanding debts.

120.   With rates now at historic lows, companies and municipalities are taking advantage to raise cash or refinance existing debt to reduce debt service payments.