21. Proceeds from the sale of the shares will be used to retire debt, with the balance earmarked for investment opportunities, CPH said. 22. Proceeds from the offering will be used to retire debt incurred in connection with its merger with Illinova. 23. The government has said the profits will be used to retire debt. 24. The money will be used to retire foreign debt. 25. Most of it will be used to retire government debt. |