41. Diving currencies are increasing the foreign debt burden of companies and pushing more of them to the edge of collapse, hurting economic growth. 42. Declining rates would ease its debt burden and lower mortgage costs, allowing sales to grow. 43. Eastern Germany became a drain on the country, swelling its debt burden. 44. Externally, an increase in global interest rates would raise debt service burdens and slow private capital flows into emerging market economies. 45. Falling interest rates are good for companies with large debt burdens, such as utilities and toll highway companies, because they reduce interest costs on corporate debt. 46. For the second time in six months, French tire company Michelin has forced investors to convert bonds into shares, helping reduce its debt burden. 47. For the second time in four months, French tire company Michelin has forced investors to convert bonds into shares, helping reduce its debt burden. 48. For example, their debt burden, measured as a portion of total capital, would decline. 49. For this highly leveraged industry, lower short-term interest rates translate into lower debt burdens and therefore higher profits. 50. From the African perspective, however, the debt burden has become unmanageable and unpayable. |