51.   Chubb said the proceeds will be used to reduce debt.

52.   Chubb said it will use the proceeds from the sale to reduce debt.

53.   Chubb said it will use the proceeds from the sale to reduce its debt.

54.   Clinton would use more than half of the surplus to pay off what the nation owes to future Social Security retirees, reducing federal debt held by the public.

55.   Companies reduced junk debt, pared their workforces and eliminated non-core businesses.

56.   Cordiant Proposes a Reorganization Cordiant PLC is proposing a financial reorganization plan to help reduce debt that includes a rights issue selling new shares to investors.

57.   Courtaulds, a British company which makes chemicals, textiles and packaging materials, said it will use the revenue from the sale to reduce debt.

58.   Credit-rating agencies also are forcing a variety of energy-related companies to reduce debt and boost cash.

59.   Courtaulds will use the cash to further reduce its debt.

60.   Credit agencies have lowered their ratings on some company bonds until the debt is reduced.