Sentences with phrase «millions in debt»

And the city planned to forgive $ 180 million in debt service owed by the system in fiscal year 2017 and yearly.

«Our company is growing and we have already settled millions in debt on behalf of our clients,» he wrote.

The company has $ 9 million in debt payments due in 2015, the filing shows.

That investment bank is giving the online lending company $ 200 million in debt funding.

With only $ 500 million in debt maturing over the next four years, the company faces fewer risks than its highly - leveraged rivals.

As a banker, and someone with over a quarter million in debt, I can tell you the the weight - gain analogy is very accurate.

The city also has agreed to forgive $ 180 million in debt service owed by the system each fiscal year.

In the process, it saved itself $ 650 million in debt payments.

Last September, for example, the Beijing - headquartered Asian Infrastructure Investment Bank announced as much as $ 210 million in debt financing in order to «tap» the renewable energy potential of the country.

Quiznos is trying to reshape its finances by asking hedge funds and other shareholders to forgive $ 225 million in debt in return for ownership stakes in the company, according to reports from Bloomberg and The Wall Street Journal.

The company is reported to have picked up as much as $ 300 million in debt from BlackRock, maintaining its unicorn status.

With this clause to exploit and with Treasury Department officials, including then - Secretary William Miller, pressuring its creditors, Chrysler was able to pay off more than $ 600 million in debts at just 30 cents on the dollar.

As everyone knows (or should know), Bolton Wanderers are in quite a cash crunch, facing some # 136 million in debt as of their last financial report (November, 2012).

The firm had to restructure hundreds of millions in debt on a few Manhattan properties, including the office tower at 17 Battery Place North.

The company had $ 726 million in debt outstanding at the end of the first quarter of 2013, an increase of $ 8 million from year - end 2012, including $ 682 million in non-recourse securitized notes, of which $ 110 million has been drawn down under our warehouse credit facility, and $ 40 million of mandatorily redeemable preferred stock of a subsidiary.

Vancouver ended up with $ 630 million in debt after hosting the 2010 Games, though it would be unfair to place all the blame on the planning committee's shoulders because its financial troubles were partly the product of bad timing.

For Pointe Plaza in Niles, Ill., Cohen Financial secured $ 24 million in debt placement for an undisclosed private investor.

The National Republican Congressional Committee raised $ 3 million in August, leaving them $ 2.5 million in debt with $ 11.7 million cash on hand.

The $ 4.2 million in debt repayments includes approximately $ 4.0 million for the retirement of all of its outstanding debt with Great Elm Capital.

The meals program was $ 23 million in debt last year, said Michael Vaughn, a Chicago Public Schools spokesman.

New York and 12 other states have settled an investigation into improper lending with a court agreement to shut down the company and expected to provide $ 92 million in debt relief for 17,800 U.S. military personnel.

This week's rise in the Federal funds rate will pile an additional $ 409 million in debt onto the balances of consumers in 200 U.S. cities... Read More

Mongabay is reporting that Indonesia is availing itself of the program, having $ 30 million in debt forgiven in exchange

On Monday, Puerto Rico is expected to skip payment on $ 389 million in debt owed by the island's Government Development Bank to bondholders.

Still, with less than $ 100 million in debt due before 2020, Barrick executives said the company is shifting to a growth strategy, focusing on Nevada and the Dominican Republic, and will no longer sell assets in order to reduce its billions of dollars in debt.

Nashville - based Gibson, whose legendary brands include Les Paul and SG, has been suffering under $ 500 million in debt linked to the acquisition of its consumer electronics business overseas, where sales have been in sharp decline.

In addition, the company was allowed to convert nearly $ 700 million in debts into a special class of preferred stock - paper relatively worthless in the financial markets because the shares earned no dividends and were to be unredeemable for several years.

After a court hearing in Delaware on Wednesday, Remington said it expected to emerge from Chapter 11 bankruptcy proceedings by the end of the month with more than $ 775 million in debt wiped from its balance sheet.

In this case, though, more than $ 60 million in debt obligation will go to the buyer, adding another burden to Tribune's tough budgeting exercise.

A total of A$ 83.25 million in debt securities were rated.

Teck would go on to pay off another $ 214 million in debt during the second quarter, which will save it about $ 10 million per year in interest expenses.

They agreed to acquire The Weinstein Company for around $ 500 million, which includes about $ 225 million in debt held by the production company.

Wheaton — Park District residents will save $ 350,000 in interest charges on about $ 6 million in debt under a refinancing plan approved by the board of commissioners.

In April, the park district secured $ 9.8 million in debt certificates, which is similar to a loan that will have to be paid back over a 20 - year duration, according to documents.

Monroe County lawmakers are asking state government to let the county refinance $ 80 million in debt carried by three local development corporations.

Rockland County budget news gets even worse BY SARA GILBERT The Rockland County Legislature met Tuesday, July 24 to receive news that despite tax hikes and 100 layoffs, the county is an additional $ 15 million in debt so far during this budget year, bringing the grand debt total to an estimated $ 95 million.

The plan does call for new limits on borrowing for capital projects, which Rep. Melissa Ziobron, the ranking Republican on the legislature's appropriations committee, said will save millions in debt payments.

About $ 600 million in debt issued by NIFA on behalf of Nassau County is variable rate.

The DCCC, despite collecting more than $ 4 million in January, has more than $ 20 million in debt left over from the 2010 cycle.

The committee still has $ 20 million in debt remaining, though, after entering the cycle with much more debt than its GOP rival.

The empire created by SUNY Polytechnic Institute Founding President Alain Kaloyeros was showing signs of financial stress from $ 475 million in debt even before prosecutors brought bid - rigging charges against him last week.

This was a major blow to a district that was $ 11.2 million in debt when budget talks began and anticipated a $ 74 million gap for 2011 — 12.

They need a plan to cope with their nearly half million in debt if they going to retire in 2036, when Harry is 65 and Gwen is 62, he explains.

The settlement also required DeVry to cancel $ 20.25 million in debts eligible students owed to DeVry for things like tuition, books and lab fees.

Now the local jail is nearly $ 4 million in debt because people have been purposely doing things to get locked up so they'll have a place to sleep for the night (it gets really cold here in winter) and a warm meal.

Risanamento financed the deal with $ 275 million in debt provided by Deutsche Bank, which amounted to about 73 % of the cost.

It also relieves the REIT of $ 167 million in debt associated with the property.

Prior to the funding, it had raised $ 75 million in debt financing from Bank of America.

The conference's campaign account has about $ 1.48 million in debt as of April.