Meanings of similar debt in English

Merrill's exposure to similar debt led to its January 2009 takeover by Bank of America Corp.

I owe a similar debt to Lt. Comdr.

Merrill's exposure to similar debt led to its January 2009 takeover by Bank of America Corp BAC.N.

A similar debt-to-stock switch boosted the market between 2003 and 2007.

Allowing the United States to accrue similar debt would rattle investors and could lead to economic catastrophe, she added.

Discussion about the bill was reignited when a federal court struck down a local law granting agencies similar debt-restructuring authority.

Pierluisi initially introduced the bill in July after the Caribbean island's lawmakers enacted local legislation granting the agencies similar debt-restructuring authority.

President Obama signed The Budget Control Act into law in 2011 after a similar debt-ceiling crisis threatened a possible default on the country's loans.

Investors are targeting the debt of other leveraged companies which are which are expected to launch similar debt restructurings in a bid to boost returns.

That's nearly three times as much as the 1.75 percent coupon it paid to issue similar debt just a year ago.

That is nearly three times as much as the 1.75 percent coupon it paid to issue similar debt just a year ago.

Earlier this month, investors paid Ireland to borrow similar debt when Dublin sold six-month treasury bills at a yield of -0.22 percent.

JP Morgan JPM.N plans to sell $1.5 billion in similar debt, Bloomberg also said, citing a person familiar with that sale.

Year-to-date sales of Canadian corporate bonds, asset- and mortgage-backed securities and similar debt is down almost 6 percent from 2011 at $75.7 billion.