Sentences with phrase «reduce its debt load in»

Not exact matches

Court filings with the U.S. Bankruptcy Court in Manhattan show the Italian eatery formally began a plan to reduce the company's $ 148 million debt load on Monday.
That's because while declaring bankruptcy would help the sunny Caribbean island restructure and reduce its $ 72 billion debt load, it wouldn't help Puerto Rico slim down its costly government operations in order to avoid getting in trouble again.
The state - owned PDVSA says that it was able to reduce its debt load by $ 2 billion in 2015.
Cominar had put all its non-core assets (properties outside Quebec and the Ottawa region) on the market in 2017 in a bid to reduce its overall debt load and focus on its core business.
In recent years, the Irish government has pursued a widespread plan that aims to reduce the debt load of financially stressed homeowners.
During the past three years, the company spent about US$ 6.7 billion on debt payments, which reduced its total load from US$ 13.1 billion in 2014 to US$ 6.4 billion — 75 per cent of which is due after 2030, according to an investor presentation slide given earlier this year at the Bank of Montreal investor conference in Hollywood, Florida.
A National Council of Churches study revealed that two thirds of our ministers are in substantial debt and that three fourths of these are not able to reduce their debt loads.
Wenger hasn't had a whole load of cash at his disposal until recently - but with Stadium debt greatly reduced, we can look forward to Wenger having spending potential in the upcoming years and a greater likelihood of success on the pitch.
To help reduce their debt load, they recently put in an application to one of the Big Five banks to consolidate all their debt.
Though it is financially easier for you to start off with the smallest principal balance, concentrating on your highest interest rate debt account is much better and has a positive impact in reducing your debt load.
You can slowly chip away at it until it's paid off, and that's fine — but to really make a significant improvement in your credit score, you'll need to bite off a big portion of it to reduce your debt load.
Much like the housing market crash in the United States, Rob believes that Canada needs a similar wake up call to learn a harsh lesson about reducing our debt load.
[Kacie's comment here: Courtney says she's making slow progress, but if she's reduced her overall debt load by about $ 6,000 in five months, I think they're really on the right track!]
By reducing debt load across multiple credit cards and thereby reducing your credit utilization it shows lenders that you know how to manage your finances in a responsible manner.
The problem that I've heard happens most is that people will consolidate, successfully resulting in a lower payment, but then they'll use that «saving» to buy more stuff instead of working to reduce the debt load or save.
The best way, and frequently the only practical way, for a company to reduce its debt load is to increase net worth through retaining earnings at a time increases in assets are minimal.
In - school payment provides the ability to reduce the debt load students face after graduation.
Law schools could also consider formalizing part - time JD programs to allow students the option of earning a living wage while in school and reduce their debt load.
You can slowly chip away at it until it's paid off, and that's fine — but to really make a significant improvement in your credit score, you'll need to bite off a big portion of it to reduce your debt load.
Reduced stigma of adult children living at home, a result of the higher cost of living, a tough job market and a high student debt load (42 per cent of 20 - 29 year olds currently live in the parental home.)
San Francisco - based Gymboree is aiming to reduce its debt load t by more than $ 900 million, and in a statement said it plans to close more than 350 stores as a result of its restructuring (out of a total of 1,281).
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