The new owners have forgiven nearly $ 3.5 billion in debt in return for the ownership stake, and plan on investing another $ 900 million in the new company. (automobilemag.com)
It was facing continued pressure with billions in debt coming due this year and next. (nreionline.com)
The company took that cash flow and retired $ 1 billion of debt during the quarter and has now paid off $ 2.1 billion in debt over the past year and a half. (fool.com)