After publicizing the debenture, it became known to the country that this large company was obligated to pay large sums of money back to the lending institution.
published by Jeana on 2021-11-16 00:56:18
When the money was lent, lawyers drew up the debenture to be signed by all parties representing the financially struggling business and the bank.
published by Jacinto on 2021-05-27 23:03:08
Instead of declaring bankruptcy, Kmart decided to take out a loan and sign a debenture so that the company had the credentials showing their debt.
published by Min on 2021-09-04 11:22:59
When a company signs a debenture, it is benefiting to get a loan but is under obligation to pay it back plus interest.
published by Shin on 2021-02-28 08:45:37
Due to the debenture, the CEO of the large company needed to know how much the payoff amount was since they had paid on this debt for years.
published by Emmanuel on 2021-08-06 04:43:28