Word: repayments
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...effort to protect the forest, California wants to buy from the Federal Government some $60 million of Maxxam bonds, hopefully at a discount. The state would then hand the bonds back to Maxxam, freeing the company from ever having to repay that debt. In return for the bonds and an undetermined additional payment, Maxxam would give the forest to the state...
...Alan Garcia Perez was elected President of Peru in 1985, he inherited a nation in economic chaos, owing $14 billion to foreign banks and governments. The 36-year-old President stunned the international financial world by announcing that he would no longer deal with the IMF. Peru would henceforth repay its debt on its own schedule...
...revenues went down. He wanted to lease islands for ports and loading berths on the gulf from Kuwait; no deal. All the while, Kuwait was slant-drilling oil out of a field that crosses the border between it and Iraq, and his rich neighbors were pestering him to repay the billions he had borrowed to fight a war that served their interests. Frustration led to rage. In fact, Saddam's grudge against Kuwait had been festering for some time. During the war with Iran, he asked permission for his troops to make temporary use of Kuwaiti territory in preparation...
Stanford officials have admitted that they made a mistake in billing for the yacht and some other items, and the university recently agreed to repay the government $184,286. However, the investigation at Stanford is not yet complete...
When Wood River became insolvent last year, the SBA was obliged to pay off $25 million of its debts. Wood River officials signed an agreement with the SBA to liquidate in order to repay at least a portion of the money. The company has told the SBA it should be able to repay its entire government debt within 30 months...