Of course, states do have the power to tax to cover debt obligations.
The company has these debt obligations that become due in November.
The money can then go to meet debt obligations that otherwise would cause problems.
All the while, many countries are building up an even bigger debt obligation.
The partnership said its only source of money to pay debt obligations came from operations.
Hopefully, the company would do well enough in the future to meet all of its debt obligations.
Now some of those companies are having trouble meeting the debt obligations.
The country is broke and cannot meet its debt obligations.
But the problems could cause the company to default on its debt obligations, executives said.
The company must satisfy $1.1 billion in short-term debt obligations.