51. According to the filing, the company may use the debt sale proceeds to acquire complementary businesses or assets, repay debt, or expand its existing business. 52. ACI will use the proceeds of the offering to fund expansion, repay debt and increase working capital. 53. After all, the point is to create a single number that represents how likely people are to repay their debts. 54. Additionally, the governor said a trust fund established for him by his grandfather has nowhere near enough to repay the debt. 55. Additional proceeds will be used to repay debt, to pursue acquisition opportunities that may become available and for general corporate purposes. 56. After going broke, Washburn had to repay his debts. 57. But he added it would take a few months before the government would be able to repay old debts. 58. But here he is, five years later, his debt only partly repaid, stuck in traffic. 59. Camdessus said the money made available to Indonesia could be used for further intervention in the currency market or to repay foreign debt, among other things. 60. Charter rates tumbled, and shipowners like Orient Overseas struggled to repay their debt. |