The floating debt bonds, originally issued for three million Guatemalan pesos, were not available except for $ 380, 000 that belonged to a very reduced group of wealthy people, who did not offered them because they did not have the need at the moment.
12.
Gowen's plan called for receivership to last for five years, for which time he projected increasingly improved business performance, reduction of fixed expenses to a manageable level, and liquidation of floating debt by the selling off of assets and / or conversion into preferred stock.
13.
On 1 September 1926, the assets and operations of the Belgian State Railways were transferred to its successor, the then newly created National Railway Company of Belgium (; ( NMBS / SNCB ) ), as part of a scheme formulated to eliminate Belgium's then excessive floating debt.
14.
Ameritech Corp ., for example, has been able to lower its exposure to adverse changes in interest rates by selling fixed-rate debt as opposed to short-term floating debt, said Bob Crichton, director of corporate finance at the major local telephone company for the mid-western U . S ..
15.
Further expansion on the site, including an art gallery, new rooms for the schools, and extensive new galleries were completed between 1890 and 1900, and the Borough's floating debt on the project was extinguished by the generosity of Mrs Margaret Ogilvie of Sizewell Hall out of appreciation for Taylor's work.
16.
He found that the parent corporation's floating debt was being transferred to the subsidiary before the parent's fiscal year end in November, to avoid appearing in year-end statements; only to be shifted back to the parent prior to the subsidiary's own fiscal year end in December, thus effectively masking the joint enterprise's precarious condition overall.
17.
The fiscal crisis in 1975 and 1976 was all rather mysterious to most New Yorkers, who gathered that the news was bad when they read day after day about ominous-sounding budget gaps and year-end rollovers, about a checkered history of unredeemable notes and floating debt, about fateful deferred payments and other bewildering arcana of municipal finance.
18.
Regarding Rev . Powell s tenure, the Chicago Tribune reported, Under his management, the church has been noted as being the most radical in the city, and Dr . Powell has enjoyed considerable of a reputation abroad for his outspoken sermons . Though the church resolved its floating debt during this period, financial woes loomed.
