41.   It will also provide loans to refinance its debts that will be converted to equity.

42.   Japan Airlines used the money from the last bond sale to refinance maturing debt and to pay for aircraft purchases.

43.   Kmart needs to refinance that debt or pay it off by selling assets or securities, or it could face another downgrade.

44.   Korea needs to refinance the debt to remove the threat of default and bolster its foreign exchange reserves.

45.   LILCO and Brooklyn Union are especially eager to see the Shoreham debt refinanced and are expected to cooperate on a deal to accomplish that.

46.   Last year, Pickens relinquished control of Mesa when the company sold a stake to financier Richard Rainwater to refinance its debt.

47.   Lower rates also let utilities refinance their debt.

48.   Many companies refinanced their debt by selling new bonds more cheaply.

49.   Many corporations have used the proceeds of these debt offerings to refinance short-term debt at cheaper rates.

50.   Many municipalities have been forced to scrap plans to refinance outstanding debt amid the surge in borrowing rates.