Sentences with phrase «reduce further debt»

Not exact matches

Matrix Composites & Engineering has sold its engineering workshop in Malaga for $ 3.25 million, with the proceeds to be used to further reduce the company's debt.

We used this cash to further reduce net debt and increase returns to shareholders through higher dividends,» Chief Executive Andrew Mackenzie said in a statement.

They called for immediate steps to reopen banks and said any deal must address debt sustainability - code for reducing Athens» crushing debt - but gave no hint of concessions from the Greek side towards its creditors» demands for deep spending cuts and far - reaching reforms of pensions and labour markets.

These actions have turned a company from one hemorrhaging money each quarter into a leaner business that is generating more than enough cash flow to cover spending and further reduce debt.

The legislation enforces limits on discretionary spending until 2021, establishes a procedure to increase the debt limit, creates a Congressional Joint Select Committee on Deficit Reduction to propose further deficit reduction with a stated goal of achieving at least $ 1.5 trillion in budgetary savings over 10 years, and establishes automatic procedures for reducing spending by as much as $ 1.2 trillion if legislation originating with the new joint select committee does not achieve such savings.

It managed to reduce that debt by $ 31 million in 2013 by issuing another 4 million shares, further diluting its stock.

Debt Freedom If you have no debt, that's another factor that reduces expenses and could make further saving seem unnecessDebt Freedom If you have no debt, that's another factor that reduces expenses and could make further saving seem unnecessdebt, that's another factor that reduces expenses and could make further saving seem unnecessary.

Despite putting in # 100m over the past year to reduce debts, Ashley has only sanctioned the signing of two new players so far, Danny Guthrie and Jonas Gutierrez, with manager Kevin Keegan hoping to sign at least three more before the transfer window closes.

To obtain a composite figure of debt since independence, defaults and forgiveness would have to be factored into the mix, which will further reduce the total percentage.

«The data so far this year raise a concern that, rather than reducing the public debt, the deficit reduction plans could be having the opposite effect because higher tax rates and austerity measures are causing economic growth to be weaker than expected.»

Today we announce further measures and checks to save over # 1bn in the next four years by reducing fraud, error and debt in the tax credit system.

The government would need to decide what balance to strike in using these receipts, between reducing future taxes, paying off national debt and making further investment in future economic capacity.

The 12 - member committee so far has been unable to agree to $ 1.2 trillion in cuts that would reduce the nation's debt.

Senate Republican leader John McKinney of Fairfield said, «Paying off our pension debt is a good thing, but doing so outside of the spending cap shows that Governor Malloy is still not serious about reducing unnecessary state spending and, further, that he is not serious about pension reform.

The President further explained that in addition to the implementation of the approved external borrowing plan and in order to reduce debt service levels and lengthen the tenor profile of the debt stock, the Federal Government sought to substitute maturing domestic debts with less expensive long - term external debts.

There is always money therefore if the government reduces its appetite for debts, the Treasury bill rates will come down,» he Ken Thompson further stated.

By making almost $ 150 billion in cuts to grant aid, student loans and work study, the budget would increase the debt of millions of students and make it harder for many to repay — thereby further reducing college access and upward mobility for college graduates, particularly those who come from less affluent families.

There are many options online via the Internet when it comes to debt consolidation, and lenders doing business online tend to have even further reduced rates of interest to offer.

Though, as said before, the main purpose of these loans is to help those who need to reduce their debt in order to avoid further worsening of their current financial situation, they are also used for attending to urgent needs that can not be postponed specially when related to certain accidents or illnesses that imply high medical bills that otherwise couldn't be covered.

For 2015 +, management indicated plans to grow the dividend, increase capex for E&P activity and grow the portfolio of liquids inventory, and further reduce debt.

The alternative loan repayment option can be taken for a further two years with 20 % reduced from the debt for each year.

This will further reduce your interest expenses and leave you debt - free faster.

All this information is extremely necessary as it will be used to design the best program towards reducing your debt while leaving your lifestyle unaltered as far as possible.

Debt Freedom If you have no debt, that's another factor that reduces expenses and could make further saving seem unnecessDebt Freedom If you have no debt, that's another factor that reduces expenses and could make further saving seem unnecessdebt, that's another factor that reduces expenses and could make further saving seem unnecessary.

You can also change the term lengths of your loans when you get one of the best debt consolidation loans in order to further reduce your monthly payment if you are struggling to pay your bills.

If you are currently in one of those financial down cycles or are being PCSd and are unable to afford two housing payments, and debts are at risk of being unpaid, short - selling your home may be an option to reduce your risk of foreclosure and further damage to your credit.

All of the credit card debt reduction solutions presented thus far center on reducing your costs.

For many, a lowered spending limit had further damaged their credit score as reducing the amount of money available on the credit card increased the person's apparent debt to income ratio.

But here's my feeling on that: If we went into the Great Recession with far too high a level of debt, and you're now splitting your money between saving and reducing debt, I think the debt you pay down is a form of saving.

Reduce your debt even further by renegotiating terms with your lenders and submitting a proposal that will allow you to pay them in an orderly way.

Also, the interest rates were on a monthly reducing basis which brought down the debt amount even further.

The institutions offer personal counseling on better money management while providing help to reduce current debts and avoid further debt.

Reduced debt to income ratio and residual income standards further popularize this loan.

The reason for this being my favorite post is that so far I've been able reduce my debt every single month.

If you have three credit cards with high interest rates you may find you are paying far more in interest charges each month than you are paying to reduce your credit card debt.

Even a reduction of 2 % in interest can result in hundreds of dollars of savings each year, which you can use to reduce your debt even further.

A study by the Broadbent Institute warned that a significant number of Canadians nearing retirement do not have nearly enough retirement assets to provide a decent standard of living, a standard that will be reduced even further if they are still making debt payments.

Yes, I am delighted to see the EUR 45 mio bond — it's still leverage (which I'd still like to see reduced), but it's far more flexible & long - dated than bank debt.

Total net proceeds from the spin - out will go towards reducing debt, but a further negative debt adjustment is clearly required.

So, even though refinancing existing debts means a reduction in interest rates, by including a reliable cosigner the size of the overall debt is reduced even further.

While you have many options when it comes to reducing debt or even eliminating it altogether, one of the least effective approaches, at least as far as credit card debt goes, is to make minimum payments to pay off the debt.

Upon further research, they also determined that Consumer Credit Counseling — sponsored by the credit card companies themselves — typically only reduced a consumer's annual percentage rate (APR), but did nothing to actually reduce the unsecured debt balances.

When your credit card debts are out of control, and when you find yourself getting farther and farther behind each month, you have four logical options to reduce your credit card debt, with the right choice depending on the severity of your debts and your personal situation.

Extending the terms to 40 years is helpful in cases where the homeowner has a large amount of debt; the 40 - year term reduces mortgage payments further.

As more and more people lose their jobs, have their hours reduced, or have to help out family members, payments for all types of debt are falling further and further behind, prompting companies to contact collection agencies to get the money that they are due.

Consumers have been very conscientious in making sure to reduce their outstanding credit card debt over the last few years and now stand in far better financial positions since the end of the recession.

The report, «Resetting the Trillion - Dollar Student - Loan Debt Problem,» argues that Senate proposals for reducing interest rates and getting the government more involved in expensive private loans are a good start but recommends that reformers go further in three different ways.

A debt consolidation loan works for those who are drowning in debt hopelessly and simply can't negotiate any further reduced rates of interest with their credit card issuers or creditors.

If you earn income, take full advantage of all tuition and school expense deductions on your tax return and consider putting any refund immediately towards reducing your debt even further.

Of course, this strategy doesn't actually reduce your debt, but it also has far fewer risks than settlement or consolidation and negotiation, discussed below.