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Why deal with long-term debt if it's not going to be your problem?
After the public offering, however, the company would have long-term debt of $10.4 billion.
That might just cover the roughly $705 million in long-term debt.
By February 1990, the authority will issue its first long-term debt.
However, the company more than doubled its long-term debt, by over $80 billion.
It does not signal a change in long-term debt strategy.
The lawmakers also added new long-term debt to the budget.
By that time it had accumulated nearly $1.2 billion in long-term debt.
The sales have helped clear almost all of the company's short-term and long-term debt.
It said proceeds would be used to reduce long-term debt.
The total medium- and long-term debt to commercial banks is $1.8 billion.
It is also talking to holders of long-term debt, he said.
The proceeds will go to the parent company, and be used to pay down long-term debt.
I was impressed that they reduced their long-term debt so quickly.
That was a full week after the Treasury said it would buy back up to $30 billion in long-term debt this year.
Cardinal will assume $70 million in long-term debt as part of the deal.
The Mayor also opposed any plans last year to reduce the city's long-term debt.
Similarly there has been an increase in the reliance on long-term debt.
Texas Air's long-term debt and lease obligations total $4.9 billion.
The bill includes a provision that allows the Government to issue new long-term debt.
The Government also agreed to forgive $466 million of the airline's long-term debt.
Cardinal also said that it would assume $159 million of long-term debt.
The company is reasonably profitable and it has very little long-term debt.
House Republicans are committed to solving the long-term debt crisis.
I could not afford to incur a major long-term debt.