It's not only that Beijing is telling them to do so, HNA seems to be severely strapped for cash to meet it's
huge debt obligations, mostly to local Chinese banks, but also bond holders.
Not exact matches
Most carried their
huge debts; a few rejected their
obligation, thus bringing shame on the Christian Church.
The Deputy Governor assured the workers of the commitment of government to her financial
obligations to the workers adding that, the current administration inherited a
huge debt incurred by previous administrations.
It might seem a contradiction that someone deemed by the law to be incapable of meeting their financial
obligations could possibly qualify for such a
huge debt as a mortgage.
As this occurred, the value of all outstanding collateralized
debt obligations also declined, creating
huge losses for investors, including pension funds, mutual funds, hedge funds, and other types of investment vehicles.
Under current tax law, millions of student borrowers in income - driven repayment plans will have
huge tax bills waiting for them when they complete their repayment
obligations and have their remaining student - loan
debt forgiven.
Law schools are confronting an unholy Trinity of factors: (1)
huge student
debt (the national average — not including undergraduate
obligations — is $ 120K); (2) abysmal post-graduation employment rates (nationally, almost half of law school products do not have jobs requiring legal licensure nine months after graduating); and (3) an absence of skills required for the legal marketplace (and this is coupled with the decline of mentorship / on - the - job training).
For instance, if you have a mortgage, credit card
debts, an auto loan, or business
debts, your financial
obligations can be a
huge burden to leave behind.