Latest Debt Repayment News

FAI shifts position on debt repayment, abandons 2020 target
The FAI appears to have abandoned its target of being debt free by 2020 with senior figures at the organisation's Annual general Meeting in Sligo suggesting that the association now merely hopes to “significantly”reduce the scale of its €51 million …
Read more on Irish Times

Puerto Rico Defaults on Million Debt, Needs Law Reform amongst Economic Crisis
Puerto Rico failed to make a $ 58 million debt repayment due on Aug. 3, causing one of the most important bond defaults in U.S. history. This is the first time that the territory island has defaulted on payments, shining a spotlight on its steady …
Read more on Latinos Post

IPO funds to be used as working cap, repay debt: Power Mech
Whatever is coming into the company nearly Rs 135 crore, which we are going to use for the working capital and repayment of some long-term loans and also for some corporate purposes like to have the company steady growth in next three to four years.

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