From the new real debt only one third of the interest would be paid.

Some of the new debt is being used to retire commercial paper.

"It's hard to believe yields should be this low when the government is going to issue so much new debt."

"The important thing is that you don't create new debt, so we are now on a cash basis."

The company also plans to issue $165 million in new debt.

In most countries, we are still taking on new debts to pay off old ones.

In any case, by the time she returned after five years away there was nothing left, only new debt.

The new debt will bring the company's total to approximately $18 billion.

Utilities were not the only companies to issue new debt yesterday.

What if Al wants it to pay off his new debt to her?