111.  Deutsche Telekom has said it plans to use the proceeds of the share sale to pay off debt and finance expansion.

112.  Earlier this week, CEI Citicorp managing director Martin Ruete said the company would use the proceeds from an upcoming share sale for future investments and acquisitions.

113.  ECE plans to use the proceeds to reduce debt, expand its operations in Cancun and boost working capital.

114.  Earlier this week, Montreal police warned citizens that Algerians were extorting money in that city and using the proceeds to fund the activities of extremists.

115.  Dudley said First Brands would use the proceeds of the sale for debt reduction and acquisitions with higher growth prospects.

116.  Empresas La Moderna will use proceeds from the sale to repay debt.

117.  Encore Computer will use the proceeds to pay off debt and outstanding convertible preferred stock held by Gould Electronics Inc., the company said.

118.  Dutch newspapers said it is possible the sale proceeds will be used for a rescue plan for Fokker NV, which faces bankruptcy at the end of this week.

119.  EduTrek said it will use the proceeds of the IPO to repay debt and for other general corporate purposes.

120.  Enron, a Houston-based natural gas company, would use the proceeds from the sales to repay debt, Bazelides said.